IBG 12.5% 0.4¢ ironbark zinc ltd

Ann: Citronen Receives Landmark 402A Designation from EXIM Bank, page-293

  1. 16,079 Posts.
    lightbulb Created with Sketch. 3130
    Anything under 5c would be a bargain imo

    Considering both MJ and Dr Hess's loan shares of 45mil shares have a vested value of 4.6c.

    Meaning MJ and Dr Hess combined needs to repay IBG to the tune of 45mil x 4.6x or $2mil+ for their loan shares.

    Tells us an indication of where the sp will need to head up from 4.6c

    All IMO
    Last edited by kevin103: 19/01/22
 
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