I agree. Once bitten, twice shy after JML. They have more than enough on their plate for now. I think the market would punish them if they made a bid for anything that wasn't a screaming bargain.
Disappointing couple of days for IGO lately - clearly the market is already valuing them as a gold stock - it seems to react to the POG more than anything else lately. I think it's a bit early for that, but hey, the market is a weird thing.
getting ready to bite (or bid), page-3
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Last
$5.91 |
Change
0.040(0.68%) |
Mkt cap ! $4.475B | |||
| Open | High | Low | Value | Volume |
| $5.75 | $5.96 | $5.66 | $26.30M | 4.370M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $5.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 25828 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IGO (ASX) Chart |