What I take from Gina Rinehart splashing money everywhere on LTR and now Azure is that there is a big future for Lithium from a supply-demand point of view and IGO has an excellent suite of assets. She may think this is an appropriate low point or lull for entry so she's going in hard. I find that very reassuring not least because I'm being similarly challenged in Cu where I've gone in hard. Of course, I topped up my IGO I don't neglect the (quality) playmakers.
I guess the counterpoint is that Gina and Twiggy see the challenge in Iron ore.
All IMVHO
What I take from Gina Rinehart splashing money everywhere on LTR...
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Last
$5.31 |
Change
-0.160(2.93%) |
Mkt cap ! $4.021B | |||
| Open | High | Low | Value | Volume |
| $5.40 | $5.48 | $5.29 | $18.53M | 3.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4388 | $5.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.32 | 13512 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| IGO (ASX) Chart |