Rumour on a large position to be taken in OZ minerals saw the SP up around 15% at one stage.
I bought shares in both, but I actually think IGO is quite a bit better value.
I saw both as take over targets, but IGO got better assets so in the longer term has more value, although some capex to be spent.
They would actually be a very good merger I would have thought.
But I can't see that happening, however I can see someone trying to take them over completely.
If not the great story will continue to unfold for IGO holders.
That's what I call a win:win. ;-)
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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. |
---|---|---|
$7.86 | 4589 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7000 | 7.830 |
2 | 1127 | 7.820 |
4 | 12260 | 7.810 |
5 | 6261 | 7.800 |
2 | 50128 | 7.790 |
Price($) | Vol. | No. |
---|---|---|
7.860 | 4589 | 2 |
7.880 | 1272 | 1 |
7.890 | 9411 | 1 |
7.900 | 18446 | 6 |
7.920 | 9411 | 1 |
Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$7.83 |
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Change
-0.080 ( 1.20 %) |
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Open | High | Low | Volume | ||
$7.97 | $8.02 | $7.83 | 977902 | ||
Last updated 15.59pm 07/05/2024 ? |
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Peter Batten, MD
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