The Mentalist

Beware. The two recent crocodiles that have just shown up on the IGo register at +5% shareholders. Co-incidence each group shows up (see IGO announcements 1st & 2nd December both with 44m shares each and 5.34% and 5.37% of IGO) They are the greatest shorters and accumulates on the planet. If you are wondering why the IGO share price is bouncing around like a balloon in the ocean with up and down share prices you don’t need to look any further than the two new groups now on the register. They are on the register and playing the IGO game for only one reason. To soak upas much of your stock as possible. They want to get to +10% of IGO each, as soon as possible. IGO is now a major player and will have major un- imaginable profits from now, being the only battery-grade producer of lithium in Australia. This is a license to print money. They know it, you don’t. The poor old punter sees the stock plunging when all the indices and reports show the price should be going up. Then as it plunges by massive shorting, the poor old punter bails out of the stock. You've seen sharks attacking the swarms of baitfish, well today, you as a shareholder of IGO are the baitfish. Don’t panic put the seatbelt on and hold on tight.