Who knows what IGO are doing. What I do know is no- one want's to buy a barrel of rotting fish.
IMVHO. IGO in particular good at avoiding that. E.g. they just sold out of NCZ new Centrury Resources when the Goro deal looked weak. One could argue they could use that money to "Snap up" Nifty.
Similarly for Sandfire (SFR) also an oft touted buyer.
To torture the metaphor. 'It's the fish John West reject ...".
Nifty Sale, page-18
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44.0¢ |
Change
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Mkt cap ! $394.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.5¢ | 42.5¢ | $477.5K | 1.095M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 223 | 44.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 104353 | 7 |
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