Market doesnt seem to really like it at the moment so is IGO paying a little too much for JML? Would have loved to have been holding JML a few days ago. Their SP is looking great but IGO lost quite a bit today.
I guess the future looks bright but I get a bit tentative with growth by acquisition. Great if you're buying bargains but sometimes you really gotta pay top dollar to get the assets you really want. Lets home with IGO's extensive skills in the area they're able to secure an even better minelife extension of Jaguar/Bentley. It would be good to have a couple of solid projects going while waiting for Tropicana to kick into gear.
Also seems IGO would likely be included in the ASX100 :)
igo to take over jml
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Last
$5.66 |
Change
-0.060(1.05%) |
Mkt cap ! $4.286B | |||
| Open | High | Low | Value | Volume |
| $5.70 | $5.70 | $5.50 | $18.23M | 3.250M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6610 | $5.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.66 | 46875 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| IGO (ASX) Chart |