IBG 0.00% 0.5¢ ironbark zinc ltd

No point in selling out, market cap is so low anyway for a...

  1. 6,117 Posts.
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    No point in selling out, market cap is so low anyway for a deposit of this size and quality. Takeover by an entity with deeper pockets than IBG is always on the cards. The hard work has been done over the many years so a lot of project risk has been removed. Now its just a case of financing and thats where we need a party to come in that is not skittish about their view on long term zinc fundamentals To to be frank, I don't even understand what management is talking about re volatility in metal prices ( all we have had is a downswing from very high prices to levels which historically are still quite good). Waiting for future price stability in commodity markets tells me management has lost the plot. In bound China ? maybe. At 5c per share offer they would get a large chunk of the share register and get things moving on the ground
 
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Last
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Mkt cap ! $7.172M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $4.039K 897.5K

Buyers (Bids)

No. Vol. Price($)
16 10498623 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 804582 4
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Last trade - 14.45pm 09/05/2024 (20 minute delay) ?
Last
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0.5¢ 0.5¢ 0.5¢ 663333
Last updated 15.00pm 09/05/2024 ?
IBG (ASX) Chart
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