Top-pick,
With IGO on a P/E of 4.8 and a fully franked yield of 6.83% these have to be considered undervalued at $1.20.
I have held these since float (I have offloaded a few and bought a few more in the meantime) and still hold a nice few now and will continue to do so.
Beats me why they aren't higher. I look forward to the day they announce some more good drilling results from Long South, that should shake things up a bit.
Cheers
Fletch
***it's about to go whooooosh***, page-11
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Last
$5.03 |
Change
0.050(1.00%) |
Mkt cap ! $3.809B | |||
| Open | High | Low | Value | Volume |
| $5.07 | $5.13 | $4.97 | $17.37M | 3.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 706 | $5.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.04 | 25824 | 6 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| IGO (ASX) Chart |