IGO 1.01% $7.86 igo limited

Well what is to like is the lower Aussie dollar, its as simple...

  1. 4,486 Posts.
    Well what is to like is the lower Aussie dollar, its as simple as that.
    Its been a game changer for those producers who have left their exposure to the currency open.
    Aussie gold stocks have finally started to see some love & I suspect other Aussie miners that have that ccy exposure will do well also as they are making good margins.

    I sold out the other day on the spike to $3.30 & have bought back in today double.

    I think there are some games being played by the international banks who in the last week have put out negative calls on commodities. I think they are trying to shake out the retail to hoover it up as they know the likes of copper can't go much lower. production cuts are already setting in.

    I picked up both IGO & OZL today in large chunks as I think they are both take over targets at the current valuations.
 
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Last
$7.86
Change
-0.080(1.01%)
Mkt cap ! $5.952B
Open High Low Value Volume
$8.01 $8.03 $7.82 $23.27M 2.950M

Buyers (Bids)

No. Vol. Price($)
2 4622 $7.85
 

Sellers (Offers)

Price($) Vol. No.
$7.86 4589 2
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
$7.83
  Change
-0.080 ( 1.20 %)
Open High Low Volume
$7.97 $8.02 $7.83 977902
Last updated 15.59pm 07/05/2024 ?
IGO (ASX) Chart
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