IBR iberian resources limited

I'd be extremely surprised if the merger doesn't go ahead as...

  1. top-pick
    4,504 Posts.
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    16/04/07
    12:10
    Post #: 2358247
    I'd be extremely surprised if the merger doesn't go ahead as it's in the best interest of IBR holders for sure.

    I bought 30,000 shares today at 71c which means once converted, I get each TMR share at 17.75c which is a significant discount to the current price.

    Keep in mind that even at 20c, I believe TMR is HIGHLY UNDERVALUED and I can see it trading at 25-30c easily by end of the year.

    This is a BARGAIN BUY imho.
    IBR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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