You would have to think IGO is due for a return to form.
Nickel prices looking better again ($8800) and AUD has stabilised for the time being. According to the analyst report on IGOs website, the company will still be very profitable at these levels. Mining volumes were a bit below target though.
I hold a small parcel. May add another parcel if the price is right.
Nice uptrend in the nickel price remains. See "Price Graphs" on: http://www.lme.co.uk/2385.asp
...an observation, page-3
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Last
$5.08 |
Change
-0.100(1.93%) |
Mkt cap ! $3.846B | |||
| Open | High | Low | Value | Volume |
| $5.15 | $5.22 | $4.99 | $24.94M | 4.895M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4024 | $5.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.09 | 5167 | 4 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| IGO (ASX) Chart |