IPB 14.3% 0.6¢ ipb petroleum limited

defo cheaper vend in raise coming. Pretty new here and only got...

  1. 4,856 Posts.
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    defo cheaper vend in raise coming. Pretty new here and only got interested when I saw chieftain and the Nero mob were getting involved.

    Sold most for a pip profit once I realised the new bod didn’t participate in the last raise.

    IMO the fact they never took part is a clear a signal you can get that it was a get some wages in the kitty raise and we will get our share on the next vend in raise at a lower SP.

    Only question for retail is will it trade at the next CR price or will the boys get their fill and take the handbrake off and let it run.

    Have a look at TDO since Nero led a placement at 5c discounted from a VWAP of 5.6c few months ago
 
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