The fall hasn't suprised me. Fell heavily from the high of 360 last May, again from around 530 in Oct. Has repeatedly done it. What suprises me is how regularly it gets overheated in the first place.
Rising highs, rising lows, when will we be bemoaning it falling under $10?
We need something tangible to fuel the next surge, a sustained production increase to say 12ktpa, or a greenfields discovery.
Meanwhile gold plus cash should stop us falling much further. If it does, might look at a top up. Remains tightly held, excellent management, excellent LT potential.
EL
quality stock being let go, page-3
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Last
$5.41 |
Change
-0.075(1.37%) |
Mkt cap ! $4.138B | |||
| Open | High | Low | Value | Volume |
| $5.64 | $5.66 | $5.36 | $22.17M | 4.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 20402 | $5.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.41 | 19454 | 22 |
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| Last trade - 15.11pm 13/09/2024 (20 minute delay) ? |
| IGO (ASX) Chart |