The old pricing mechanism favoured IGO shareholders, not TLEA. This new mechanism favours TLEA.
Sure, it means they are less likely to give up their allocation, but won't help in this subdued pricing environment.
If and when prices bounce, it will react quicker, but there is also now a volume discount.'
My take was negative, based on margins, but hey still have to sell the stuff right?
The old pricing mechanism favoured IGO shareholders, not TLEA....
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Last
$5.64 |
Change
-0.230(3.92%) |
Mkt cap ! $4.270B | |||
| Open | High | Low | Value | Volume |
| $5.76 | $5.84 | $5.64 | $26.26M | 4.603M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 28870 | $5.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.65 | 27843 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IGO (ASX) Chart |