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0.00% 5.8¢ iron road limited

Yes I think the miniscule free float means that many funds...

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  1. hummms
    1,520 Posts.
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    26/06/18
    10:13
    Post #: 33947088
    Yes I think the miniscule free float means that many funds cannot buy IRd because it can't enter an ASX index
    It is a liquidity issue.
    All that will be fixed when IRD brings in an equity partner.
    The new Director comes with vendor experience in selling a majority stake in a Brazilian iron ore mine. That will be useful.
    IRD Price at posting: 8.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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