IGO 4.48% $5.33 igo limited

Ann: Impairment of Western Areas Assets, page-60

  1. 455 Posts.
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    Down on big volume and closing on its lows of the day even today below the 4pm close is the worst signal in the market. (Up on thin volume comes second). It may reach a good price but be very careful catching the falling knife. My concern now is the 24.9% holding in the Greenbushes lithium mine. Always in the shadow of the major shareholders Tianqi and US giant Albemarle. This company has valuable assets. Its head man died. I'm watching for now.
 
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