Hi amitmknit,Yes, it's a necessary but significant dilution. IO...

  1. 2,207 Posts.
    lightbulb Created with Sketch. 500
    Hi amitmknit,

    Yes, it's a necessary but significant dilution. IO price is doing well currently but still have funding risk, production 18 months away and it's Africa!!

    280 mil shares to be added to current 450 mil shares.

    Re-instatement will see it head down near the cr price IMO. If IO price holds up in 2025 and this gets into production then at or around 10 cents post
    cr can reward patient investors.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.4¢
Change
-0.001(4.00%)
Mkt cap ! $21.29M
Open High Low Value Volume
2.5¢ 2.6¢ 2.3¢ $30.14K 1.228M

Buyers (Bids)

No. Vol. Price($)
4 220945 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 191611 1
View Market Depth
Last trade - 16.10pm 28/07/2025 (20 minute delay) ?
GEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.