IBG
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0.00% 0.4¢ ironbark zinc ltd

It looks like a takeover is happening. Classic share...

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  1. TJ1988
    2,820 Posts.
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    05/07/19
    08:49
    Post #: 39383806
    It looks like a takeover is happening. Classic share accumulation then a final bid to purchase the rest of the shares. It will be within the 5 to 10c range. I guess Toronga will take it to development, it’s done then. What price we receive will depend on JD capabilities now,
    It won’t be lower than 5c but I’d be surprised if it above 10c.
    IBG Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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