Exactly. And even in IO - management had so many options to hedge the price of IO (like FEX) - I've mentioned that last october here in the forum when it dropped to 45c when many capitulated (trading almost at negative EV) but was ridiculed by some folks here (not you Rocket). Management knows how to run this company as business as usuall - if only they had FEX's Rob Brierly management skill this company would be at $2 easily. All they had to do is hedge.
Exactly. And even in IO - management had so many options to...
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Last
36.0¢ |
Change
-0.020(5.26%) |
Mkt cap ! $416.6M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.3¢ | 35.5¢ | $1.161M | 3.169M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14701 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 292464 | 8 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GRR (ASX) Chart |