No I can’t argue with you, as I am looking at the same reality.
I do believe that those shares released from escrow, last year haven’t done the share price any favours, as I reckon that they have been selling, since they were released from escrow, are they finished selling, I have no idea.
The share price, for now has held above the IPO, price, all though only just, during what was a fairly negative mindset market.
This is the time of the year, that they need to be going full bore on the exploration drilling, as the ground that they are exploring on, is all arable farming land, and the access is a lot easier at this time of the year, in regards to the weather and the fact harvest has been completed, so access doesn’t involve any crop damage or compensation for any damage.
As regards to the market cap of IG6, as compared to other companies in the same sector, maybe they need to promote the company more, as well as go harder on the exploration and processing, a lot of investors these days, only have attention span’s, of the time it takes to watch a Tik-Tok video.
I have to admit that the share price is giving me the shits, were it is atm, especially when you compare it’s market capitalisation, to others in the sector, I don’t know that a lot of investors, or potential investors are aware of IG6, just compare the number of posts RNU gets on a daily basis, compared to IG6.
Maybe things will get more of a move on now Andrew Worland, has taken over as MD, lets hope so.
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Mkt cap ! $15.09M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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1 | 6999 | 7.5¢ |
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Price($) | Vol. | No. |
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7.8¢ | 16666 | 1 |
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No. | Vol. | Price($) |
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1 | 6999 | 0.075 |
2 | 18000 | 0.070 |
1 | 50000 | 0.067 |
1 | 72370 | 0.066 |
1 | 8000 | 0.064 |
Price($) | Vol. | No. |
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0.086 | 7000 | 1 |
0.087 | 250564 | 1 |
0.090 | 20000 | 1 |
0.092 | 107500 | 1 |
0.095 | 1500 | 1 |
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