Its OK. It will take time before they make a move.
IGO Holders still not happy paying a high Premium
on WSA. If it wasn't for the IGO deal, WSA sp would have suffered
a 20 to 30% downward just like PAN , MCR NIC IGO.
Its also likely PoN will start crawling back up. With this energy and
Oil price skyrocketing, Its now a race for the World to escalate green
energy and that will be a whole lot of Nickel and Copper needed for not just EV
batteries but Infrastructures(Stainless Steel) . Its our turn to go up.
We have been smashed a lot but luckily nothing like non Producers like
POS has been through. Sooner or later, POS will need capital raising and
that will be a big discount on the sp if they do share issue for capital, then maybe
opportunity to buy when that happens a massive discount like PAN when it was in trouble
from 12c to 7c a whooping 41% Discount.
Ann: Notice of initial substantial holder from IGO, page-4
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