Are these the only guys propping up the trading in IBG?
It would explain that they could be the 3M bidders as the price started collapsing to 'stop the rot'?
My observation is that the market is not factoring them as smart money ever since they were buying at the 6C level a year ago before that action was extinguished by the CR a short time later from memory.
I am not sure what the discussion of LME Zinc stocks has anything to do with IBG funding issue since this project has been known for many years to be world class in life of mine and with Glencore/Nystar sitting passively on the register for a decade, it could be the reason why no one is whipping out their wallet to consider taking all the financial risk of funding with so little rewarding returns.
With the on going Glencore brawl I would be ............
Ann: Change in substantial holding, page-6
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $3.667M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.2¢ | $86.04K | 28.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 92226660 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 2730677 | 2 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| IBG (ASX) Chart |