IBG 0.00% 0.3¢ ironbark zinc ltd

Ann: Trading Halt, page-25

  1. 20,401 Posts.
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    Are you guys serious. With the stock trading well and the expectation of further Zinc price rises , this is exactly the time to raise some capital . Less dilutive now than a few months ago and with needs over next few months 5-7m will not impact valuation in a significant way. Bare in mind Hartleys valuation targets assume significant dilution at these levels . Furthermore , the release by Hartleys suggested a small CR was on the way anyhow . As long as it is contained to under 10m and raising is 9.5-10 c I think it is more than fine.

    Ibg will need a few million to lodge license and continue to operate , and other than zinc price increasing there isn't any significant news that IBG would wait for to raise cash.

    I believe there is a possibility for a raising to major shareholders at a premium
 
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Last
0.3¢
Change
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Mkt cap ! $5.077M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $10.85K 3.742M

Buyers (Bids)

No. Vol. Price($)
18 22484136 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 31055361 21
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Last trade - 15.35pm 26/07/2024 (20 minute delay) ?
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