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0.7¢ ipb petroleum limited

Ann: Meeting cancellation and officer changes, page-25

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tradesurfer

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22/03/24

15:04

Post #: 73015669
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Originally posted by JabraD: ↑

The new management of troubled junior explorerCapricorn Metals (ASX:CMM)has decided it will again look at either selling its projects or getting someone to take it over.
But only once the company has its finances in order.
Two shareholders, Neon Capital and Nero Resource Fund, recentlysucceeded in spilling the board of Capricorn— a move that prompted the emerging gold producer’s managing director and CFO to also quit.
Both Neon and Nero are no longer substantial shareholders.
Doug Jendry,a representative of Nero, has now taken on the role of chairman and Tim Kestell, a representative of Neon, will act in an executive role during the “transitional period”.
The first item of business for the new management is to top up the kitty with at least $10m possibly through a pro rata offer to shareholders.

Capricorn chart below once Jendry/Nero enter

Doug Jendry is a big IN for IPB that alot of people dont understand until this stock pops up on there radar.

We get Nero as a cornerstone investment, look out

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There is no buying atm because something happening in the background and insiders no this …. They just don’t want price getting on the radar of traders … Will tip this on ST thread as I’m expecting a nice move within the month .

IPB Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $4.945M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$3.206K	457.9K

Buyers (Bids)

No.	Vol.	Price($)
6	3986415	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	2426860	6

View Market Depth

No.	Vol.	Price($)
6	3986415	0.007
11	4746125	0.006
4	1700000	0.005
4	1400249	0.004
2	670000	0.003

Price($)	Vol.	No.
0.008	2426860	6
0.009	607500	2
0.010	1487602	2
0.011	799000	1
0.012	1544274	4

Last trade - 15.36pm 05/06/2024 (20 minute delay)

IPB (ASX) Chart

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