IRN indophil resources nl

Hey guys,Wondering if anyone has any thoughts as to how low the...

  1. 521 Posts.
    lightbulb Created with Sketch. 20
    Hey guys,

    Wondering if anyone has any thoughts as to how low the IRN sp will drop during the supposed up coming correction.

    Friday was a pretty good day with someone (many people?) buying anything they could get there hands on, on a very red day.

    Looking at the market depth now is truly terrifying, not that its going to drop to 40's anytime soon.

    I'm thinking a drop to mid 70's is possible if not a little unlikely, with low 80's a more probably outcome. Everytime it drops to 82-83 cent levels someone always seems to come along to mop up the sell stack.

    Any thoughts>
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.