IGO 2.30% $7.44 igo limited

out of the woods?, page-3

  1. 8,972 Posts.
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    Hi Dyno,

    IGO was travelling well moving up to $1.23 when MRX announcement caused a large selloff.

    Unfortuantely when it dipped below $1.15, this triggered major technical selling (not my words by the way as im not chartist).

    Bit of a recovery today mainly because it fell so much over last few trading days I feel, but it needs a good quarterly too keep its head above water. I think this is more than likely. Hopefully the quarterly will have some comment on MRX as well as I think the market (incl myself) needs to see some guidance as to what IGOs intentions are regarding it.

    Cdchi1

 
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