Action in IVR share price since the somewhat over dramatic trading halt, ( in my opinion), has been subdued,
which is disappointing.
For my money, IVR is a Silver play. The Copper element may prove to be a big plus, in the future, but right now
Cu demand appears to be on the wane. The copper/gold ratio is declining, which is an indicator of retrenchment,
rather than expansion.
As an investor in, mostly Silver, both bullion and mining stocks since 2010, I've experienced highs and lows.
Recently I've re-examined my fundamental purposes for owning Ag, both bullion and mining company stock.
Gold, particularly, is fundamentally a hedge against the worst SHTF scenarios, and to a somewhat lesser extent
widespread inflation.
Silver similarly, but, at least in my opinion, the industrial uses of Silver place it more in the realm of a commodity
than gold. Which can be seen as a string to Silver's bow which perhaps Gold lacks.
Given that the Ag price follows Au, but with somewhat of a lag, reasons exist for keeping the faith in Silver.
And, maybe, all those YT commentators on the "silver to the moon" meme may eventually be proved right.
GLTAH
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $57.19M |
Open | High | Low | Value | Volume |
3.7¢ | 3.8¢ | 3.6¢ | $109.3K | 2.993M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 206653 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 521055 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 206653 | 0.036 |
6 | 1236044 | 0.035 |
2 | 1150000 | 0.034 |
2 | 650000 | 0.033 |
4 | 923002 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 521055 | 4 |
0.039 | 770318 | 4 |
0.040 | 1459548 | 13 |
0.041 | 408500 | 4 |
0.042 | 580558 | 3 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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IVR (ASX) Chart |