IGO 5.12% $5.56 igo limited

Ann: Impairment of Western Areas Assets, page-19

  1. 18,079 Posts.
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    WSA was bought in June 22.
    The IGO price closed at $9.94 on June 30, 2022, and I do think I remember your negative posts from around that time.
    And yes perhaps your timely exit was perspicuous given the impairment news today.

    Mind you that news has so far dragged’ IGO back today by around 5% …. to price levels last seen about ten day ago.
    ….But as that (reduced) price is still a tasty $15.30 for the moment, it cannot be schadenfreude that caused you to post?

    Personally, I hope the impairment might provide a useful offset in profitable days to come, I am glad they flagged that it was coming back in April, and I still like my IGO shares

    cheers
    Last edited by sabine: 17/07/23
 
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