IGO 4.48% $5.33 igo limited

Ann: Response to Media Speculation, page-23

  1. 2,888 Posts.
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    Friday close was $12.25, with 757m shares on issue this non trading halt expectation of a cap raise has cost 840m in market cap with the current price as I write of $11.14. A complete balls up imo, that's almost the billion bucks that this coal asset should cost. Shareholders are paying twice for this if it goes ahead.
 
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