Once again the Fin Review has ramped the possibility of IGO taking out WSA. I have never thought it would happen since the last ramp ups reported there. I source all the ramping to WSA.
Just now IGO has made an announcement. I do not believe there will be any takeover. I have resumed buying.
IGO Limited (ASX:IGO) (“IGO” or “the Company”) notes recent media speculation regarding discussions between IGO and Western Areas Limited (“WSA”) regarding a potential change of control transaction.While IGO does not comment on media speculation, the Company confirms that discussions and due diligence are continuing. There is no certainty that a definitive transaction will result once this period of diligence iscomplete.
Goldman Sachs today lifts IGO valuation to $11., page-51
Add IGO (ASX) to my watchlist
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Last
$5.02 |
Change
-0.060(1.18%) |
Mkt cap ! $3.801B | |||
| Open | High | Low | Value | Volume |
| $5.00 | $5.16 | $4.96 | $11.95M | 2.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 15409 | $5.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.02 | 3954 | 9 |
View Market Depth
| Last trade - 14.12pm 09/09/2024 (20 minute delay) ? |
| IGO (ASX) Chart |