IGO acknowledges the recent short-term volatility in the LME nickel market and price, which is primarily
attributed to the Russian invasion of Ukraine, which in turn has reportedly created the need for a large industry
participant to manage a nickel short position on the LME.
IGO’s valuation of Western Areas and the proposed Scheme consideration of $3.36 in cash per share is based
on IGO’s long term view of the nickel market fundamentals and price, which has not changed. IGO has no
obligation, nor any current intention to increase the consideration in response to these short-term events.
TAKEOVER MEETING ADJOURNED.
- Forums
- ASX - By Stock
- IGO WILL NOT BE PAYING MORE THAN $3.36 FOR WSA
IGO acknowledges the recent short-term volatility in the LME...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,971.1 |
Change
39.400(0.50%) |
Mkt cap ! n/a |
Open | High | Low |
7,931.7 | 7,993.3 | 7,931.7 |
Featured News
XJO (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online