The volume has been very modest - $4,361 today, a big day by recent standards.
Those who bought in above 1.5c would be feeling burnt at the moment - I am holding at a 1c average.
The one thing about the current market is its unpredictability, so we don't know what is going to happen.
IIG's decline has been a straight line since July when it was around 1.1c We don't see October's big fall reflected in the SP chart. If anything, IIG has been slumping because of the delays at the Lionel Diggings and will rise if things start to roll there. The amplitude of that rise will depend on the state of the market in general.
Robert
IIG
integrated investment group limited
