All I know is that the Brits see the Aussie market as a safe and leveraged bet on the commodities and China market. They also believe that our mining stocks are p*ss cheap. I would look for more of our mid-tier co's to list there.
Re the MRX investment it was a bit of a stuff-up but the lack of reaction the ann got by the market when announced by IGO was muted at best. That doesn't suggest to me that IGO overpaid too much? I wonder what the market is expecting IGO to do with their cash? Expand into other commodities, stick with nickel, drill their gold prospects? Pay higher divs?
All I know is that the Brits see the Aussie market as a safe and...
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Last
$5.85 |
Change
0.210(3.72%) |
Mkt cap ! $4.430B | |||
| Open | High | Low | Value | Volume |
| $5.67 | $5.87 | $5.63 | $21.96M | 3.786M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25950 | $5.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.86 | 9186 | 1 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| IGO (ASX) Chart |