This has got to be one of the most blatantly manipulated stocks on the ASX. Everytime there is a great anny, it is sold off at the current SP with many orders being filled at less than the SP minutes before the anny.
I wonder how many Frustrated Freddies they intend on shaking out? The only thing that is a real negative for me (besides the manipulation) is the huge amount of shares on issue. None the less, this should be trading at multiples of the current SP.
This is a buy & lock away type share. It will have its day.
IGR Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held