What was the point of them building such a large stake only to sell it down?, ive mentioned earlier pala may have built the large stake with a takeover in mind, with the dilution and funds now committed to building the plant that takeover scenario is now not feasable, hence the sell off, you will all recall when it ran to 37 cents last year on takeover speculation, i wonder what we would have got in the end had it played out?, better than 27.5 i bet.
IGR Price at posting:
27.5¢ Sentiment: None Disclosure: Held