Its a real thing - I had a KPI linked to my bonus that had specific gender and diversity metrics. "If two apply for the same job with equal skills/qualifications you will hire based on diversity".
Well they broke even because of a minority, non controlling stake in a Lithium mine. So basically just like Tropicana, but a smaller % and a mining method no-one at IGO really has much direct experience in.
I do struggle to see the value in this company nowadays - I mean its the stake in Greenbushes that creates the value, what if you could cut that out from the rest? What value would you place on the rest? RIO/ALB - what don't you buy the Lithium business?!
A private equity group will grab the Nickel/Exploration business for a song and sit tight for 5 years...
Ann: March 2024 Quarter Results Presentation, page-17
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Last
$5.72 |
Change
-0.130(2.22%) |
Mkt cap ! $4.331B | |||
| Open | High | Low | Value | Volume |
| $5.85 | $5.91 | $5.70 | $24.52M | 4.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8696 | $5.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.77 | 2500 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| IGO (ASX) Chart |