Hello Patron. Not sure that is all together correct. IBG traded at $1.26 (from memory) post the 5 to 1 share split. In pre share split terms that’s over $6. Without checking back I’m thinking there were 20 million shares in the IPO, after the split making 100 million, plus those added since in CR’s. Our market cap was significantly higher circa 2007.
As you say, a lot has happened since then.
In answer to Jongerds question, I believe IBG can reach $1 again if the good tailwinds prevail re Zn fundamentals, which are widely forecast. We shouldn’t be deterred by the couple of hecklers and comedians on this thread. Our comedian is about as funny as a fart in an elevator. Besides you have to be in it to win it, right??
Good luck Patron, I enjoy your posts and input.
Ann: Company Update, page-32
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.375M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $4.833K | 1.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2117531 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5429982 | 9 |
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| Last trade - 15.05pm 21/06/2024 (20 minute delay) ? |
| IBG (ASX) Chart |