We have 804 million shares out there. I personally know many 1 million plus holders. They are not selling. In fact, they are mostly still adding to their positions.
Take the management holdings, significant holders etc and the less than 1 million shareholders don't control the medium term SP of IGR.
All you have to look at is the likely 80% IRR of IGR. Its better than ANY other resource stock I've looked at.
The HC crowd of course have a higher number of traders and those that want instant or Short term gain (or loss).
If you are patient enough with IGR you will be handsomely rewarded.
Do your own research.
Just to tell you my strategy. I identify early stage resource juniors and support them all the way to ASX100. So far I have got 4 there. These were 10 to 20x baggers. I have got more than a dozen into ASX200. IGR will get there. This strategy has yielded 30 = 70% pa growth.
IGR Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held
