IBG 0.00% 0.3¢ ironbark zinc ltd

Ann: Trading Halt, page-25

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 20,538 Posts.
    lightbulb Created with Sketch. 2050
    Are you guys serious. With the stock trading well and the expectation of further Zinc price rises , this is exactly the time to raise some capital . Less dilutive now than a few months ago and with needs over next few months 5-7m will not impact valuation in a significant way. Bare in mind Hartleys valuation targets assume significant dilution at these levels . Furthermore , the release by Hartleys suggested a small CR was on the way anyhow . As long as it is contained to under 10m and raising is 9.5-10 c I think it is more than fine.

    Ibg will need a few million to lodge license and continue to operate , and other than zinc price increasing there isn't any significant news that IBG would wait for to raise cash.

    I believe there is a possibility for a raising to major shareholders at a premium
 
watchlist Created with Sketch. Add IBG (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $5.500M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $14.93K 4.977M

Buyers (Bids)

No. Vol. Price($)
53 93356160 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 422772 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
IBG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.