Those sellers from the capital raising look like they have finished - just as zinc starts to move again and our MD is possibly chatting with a few diggers and dealers in Kalgoorlie. With the zinc price above $1 per lb, IBG historically would have been nudging 10c and with the mining approval not far away, am not at all surprised with today's charge.
The main factor though is likely those sellers moving on to their next capital raise short term windfall
IBG price, page-25
Add IBG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.924M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $161 | 40.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 23122250 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 21710501 | 12 |
View Market Depth
| Last trade - 10.04am 19/07/2024 (20 minute delay) ? |
| IBG (ASX) Chart |