In the worst case scenario how low can IBG realistically go in the next 6 months? I realise that it has underlying value in its mineral assets locked up in the land, which will set a price above zero..hopefully! But if there is considerable market headwind and volatility (which I am expecting) plus zinc prices steadying, plus no news of an announcement, or worse news (and I am not sure what that would be, other than another capital raising), what is the downside on the price?
My gut feel says 4c... any other guesses?
How low can IBG go?
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Last
0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $7.172M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $3.019K | 697.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 10523624 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 604582 | 3 |
View Market Depth
| Last trade - 10.59am 03/05/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
0.001 ( 25.0 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 2550000 | ||
| Last updated 10.55am 03/05/2024 ? | |||||
| IBG (ASX) Chart |