IG6 22.2% 8.8¢ international graphite limited

Ig6 basically bought out CRL to protect the SP. Those funds...

  1. 226 Posts.
    lightbulb Created with Sketch. 20
    Ig6 basically bought out CRL to protect the SP. Those funds could have been spent on other projects.

    Seems like they've taken on a liability. Why couldn't CRL secure a loan from somewhere else? If CRL didn't hold 30% of IG6, do you think IG6 would have given such a loan?

    Sure, it removes short-term uncertainty and a potential sell off, that's good but in 2 years they'll be the same predicament. If CRL aren't successful then it will remain a burden.
 
watchlist Created with Sketch. Add IG6 (ASX) to my watchlist
(20min delay)
Last
8.8¢
Change
0.016(22.2%)
Mkt cap ! $17.03M
Open High Low Value Volume
7.5¢ 8.8¢ 7.4¢ $61.40K 711.5K

Buyers (Bids)

No. Vol. Price($)
1 78628 8.8¢
 

Sellers (Offers)

Price($) Vol. No.
9.2¢ 20000 1
View Market Depth
Last trade - 15.55pm 27/06/2024 (20 minute delay) ?
IG6 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.