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
$7.92 |
Change
0.000(0.00%) |
Mkt cap ! $5.997B | |||
| Open | High | Low | Value | Volume |
| $7.94 | $7.98 | $7.85 | $10.51M | 1.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 7575 | $7.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.93 | 31988 | 45 |
View Market Depth
| Last trade - 15.56pm 06/05/2024 (20 minute delay) ? |
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Last
$7.91 |
Change
0.000 ( 0.59 %) |
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| Open | High | Low | Volume | ||
| $7.97 | $7.98 | $7.85 | 407537 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| IGO (ASX) Chart |