IXR ionic rare earths limited

General Chat / Discussion, page-12679

  1. 434 Posts.
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    It is easy to fool someone who knows nothing. And that is / was my position coming into this stock. I bought some shares back in the late 90's that consolidated into nothing worth selling. I wound up surrendering them because they weren't worth the brokerage to sell them. A friend told me about IXR that was going to do big things like 10 cents a share, so I thought I would take a second look at the market. He drank all the cool-aid but blocked anyone that made negative comments like China. Which in turn led me to spending a LOT of money on a stock that dropped from 1.8 cents to 0.6, not exactly the promise of high returns.

    True or not China seems to do a fair bit of research based on some comments he made. Again easy to fool someone that knows nothing, but his general comments seem legit to someone who doesn't know better. Conversely I see some long posts that seem to repeat the same marketing brochures guaranteeing us that all is well with the world. Despite all these reassurances the price continued to drop and punters got very nervous.

    The CEO seemed to be living the high life while we all stressed over loses. Time and time again talk of a turn around were sprouted while the stock price remained stagnant. It's all well and fine to be optimistic, but there comes a point when you need to start listening to some of that negativity to see if there is any truth in it. I'm still not convinced this company is out of the woods financially, and sought more lucrative stocks where I made my loses back up plus more.

    What I have learned in the last year and a bit, is that the game is rigged and everyone is playing games. Take nothing at face value.


 
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(20min delay)
Last
2.0¢
Change
-0.001(4.76%)
Mkt cap ! $108.5M
Open High Low Value Volume
2.1¢ 2.1¢ 1.9¢ $1.240M 61.63M

Buyers (Bids)

No. Vol. Price($)
30 10313458 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 1450027 2
View Market Depth
Last trade - 15.20pm 28/07/2025 (20 minute delay) ?
IXR (ASX) Chart
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