IBG 0.00% 0.3¢ ironbark zinc ltd

Hi Folks,Just remember IBG's share price will be pretty static...

  1. 914 Posts.
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    Hi Folks,

    Just remember IBG's share price will be pretty static over the next few weeks/months due to the 95 million shares being trickled into the retail hands.
    https://hotcopper.com.au/data/attachments/3097/3097561-948e8d0b19ff2ba461ac63cbc6c02ad3.jpg
    We will again see more SP holding pressure after the meeting next week of a further 30 million shares once approved Monday.
    https://hotcopper.com.au/data/attachments/3097/3097571-999ec7e24816ff86eb68d80e11ee5f2f.jpg
    and I dare say a sale exit of fee shares to retail cash.

    https://hotcopper.com.au/data/attachments/3097/3097585-da2e2a498613695ade485ed192ae2f8a.jpg
    What will be intersting is what Pearyland will do with their 122 million shares - these guys have wait years for 0$$$
    They may also drip feed the retail market to relise real $$$$....

    https://hotcopper.com.au/data/attachments/3097/3097596-ed44c588cba42228c309a35ece0c4990.jpg
    We may find IBG flat for a few months yet and I'm more concernd that the update BFS may produce zero market reaction due to this dillution and what had occurred on the last BFS that sent us nowhere.

    Time will tell - cheers.
 
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