IBG 25.0% 0.3¢ ironbark zinc ltd

I'm really hoping this stays under 10c, as I want more. I keep...

  1. 1,420 Posts.
    lightbulb Created with Sketch. 1234
    I'm really hoping this stays under 10c, as I want more. I keep re-reading the announcement, and it looks like the full capex. Have I got this wrong? The only things that can undo us now is the "preliminary" status of the approval, ie how much dilution the equity raising brings. I think we need to brace for a heavy dilution, in case EXIM expects IBG to stump up a % of the capex, so IBG has "skin" in the game. There is still heaps of upside, so room for this. A least it appears that won't be a drawn out affair.

    I think this could shoot up to the value of the loan, at least. But who knows, the market is so irrational.
 
watchlist Created with Sketch. Add IBG (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
-0.001(25.0%)
Mkt cap ! $4.782M
Open High Low Value Volume
0.4¢ 0.4¢ 0.3¢ $25.01K 6.756M

Buyers (Bids)

No. Vol. Price($)
16 20700281 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 2008400 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
IBG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.