Very interesting comments. This post is to the IGO investor, not to you personally. I have just taken your comments as an example of an unhappy investor in IGO.
So if an investor expresses his reservations or has reservations on a deal 6 months ago and is not comfortable with their investment and not confident in management and Board decisions, why does the investor continue to hold while the share price continues to fall? Why does the investor stay in a stock if they believe that the asset they now hold is way over priced?
Investors need to really ask themselves that question.
Resource stocks are cyclical, you need to know when to be/get in and when to be/get out.
Any reputable broker specialising in resources will give you that great advice.
Opportunities are never gone in mature resource stocks, only missed, but if you have 20-30 years of investing life in you there will be numerous opportunities coming your way.
Each to their own.
Very interesting comments. This post is to the IGO investor, not...
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Last
$5.68 |
Change
0.230(4.22%) |
Mkt cap ! $4.301B | |||
| Open | High | Low | Value | Volume |
| $5.64 | $5.76 | $5.53 | $28.11M | 4.968M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 307 | $5.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.68 | 67750 | 4 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| IGO (ASX) Chart |