re: murray basin green light - $200+ million And broke it strongly too Sabretoothed. $4.50 was proving to be a heavy resistance point. If ILU gets through $4.60 the long term chart shows there's a good chance it will hit $4.80.
With the management having done a number of presentations over the past 3 months, it is clear that those listening have liked what they've heard.
Murray Basin development very positive. I read somewhere concerns over the amount of debt required. Go figure. I reckon no new equity and higher debt is a much better outcome than issuing $100 million in new stock.
MJS
eye for opportunity??, page-29
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Last
$5.52 |
Change
0.070(1.28%) |
Mkt cap ! $2.363B | |||
| Open | High | Low | Value | Volume |
| $5.53 | $5.58 | $5.48 | $8.554M | 1.549M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 273 | $5.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.53 | 11548 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ILU (ASX) Chart |