IO just as likely to go back up tomorrow as will the share price.
Of course it could drop lower but so far any time it gets this low often bounces back up.
The div yield nearly 12% now. I see hedge funds will be thinking a good time to be buying soon.
Shorters will do what they do best drive it down then a week before August 28 its strong buying time for the
div's announcement on August 28.
IO just as likely to go back up tomorrow as will the share...
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Last
$18.28 |
Change
-2.070(10.2%) |
Mkt cap ! $56.28B | |||
| Open | High | Low | Value | Volume |
| $18.59 | $18.68 | $18.26 | $482.3M | 26.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 8480 | $18.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 300 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |