IBG 12.5% 0.4¢ ironbark zinc ltd

Ann: Preliminary Approval for up to US$657m in Funding from EXIM, page-47

  1. 1,420 Posts.
    lightbulb Created with Sketch. 1234
    $657M USD is worth $925M AUD at 0.71.

    Assuming awful dilution (not given, just being conservative), bringing the mkt cap to $100M.

    Logically, the SP must rise at least to the value of the loan. Please correct me if I'm wrong. If true, that will mean a 9.25 fold increase due, just on the loan confirmation alone??
 
watchlist Created with Sketch. Add IBG (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(12.5%)
Mkt cap ! $5.924M
Open High Low Value Volume
0.4¢ 0.4¢ 0.3¢ $10.50K 3.001M

Buyers (Bids)

No. Vol. Price($)
21 23725748 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 7397597 6
View Market Depth
Last trade - 15.55pm 12/07/2024 (20 minute delay) ?
IBG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.