That's naive and probably said with an agenda. IGO has plenty of Nickel. Is its share price representative of true value at present. I don't know the answer, but I do know it's intrinsic value doesn't change 11% overnight. Is the company worth yesterday's price or today's at 11% higher value? Share prices in the short term are more of a popularity contest, particularly those that can't be valued on earnings or a yield. Are you telling me that 18 months ago the stock was genuinely worth $3.40 ($310m) because the share price said so. Value and price are 2 different things. As I said, I guarantee if you offered this to an industry player, with all shareholders in agreement, for 2-3 times the current price, they'd bite your hands off. You just like to feel clever being on the right side of the momentum trade. If this gets a trade equity partner, offtakes, prepayments etc it will be double in no time, and no doubt you won't be posting quite so frequently
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Last
36.5¢ |
Change
0.010(2.82%) |
Mkt cap ! $32.93M |
Open | High | Low | Value | Volume |
37.0¢ | 37.0¢ | 36.5¢ | $8.076K | 21.87K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17296 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.0¢ | 6324 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17296 | 0.355 |
2 | 31428 | 0.350 |
1 | 22707 | 0.345 |
2 | 21500 | 0.340 |
1 | 1500 | 0.335 |
Price($) | Vol. | No. |
---|---|---|
0.430 | 6324 | 1 |
0.480 | 20833 | 1 |
0.500 | 44460 | 2 |
0.520 | 2964 | 2 |
0.525 | 37000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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