You can read all about the obscene performance rights in the above announcement, just on performance, have a look at the percentage gains in the share price of SYR and RNU, over the past two days, as well as the gains plenty of other graphite company’s share prices have made, including plenty of them, who have a lot smaller resources than IG6, and are located in a lot more risky locations.
I looked up the graphite companies that are listed on the ASX on market index last night and IG6 aren’t even on there.
There is something very wrong with IG6, that the market doesn’t like, as our share price bounce over the last two days is pathetic, compared to the performance of the rest of the sector, IG6 second largest graphite resource in Aus, and no one is interested, go figure.
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