"...a hedge fund coming in to buy isn't actually saying they are smart money insiders."
Fair call AJ but I really doubt they are here to drive down the SP to capitalise on an upswing.
Why chose IBG for that purpose, surely got to be better/safer options out there.
If the mine does not go ahead there are no winners. Everyone loses. Toronga too.
There is no off take and whatever lose change Glencore/Nyrstar has thrown at this (quite a few years now) has been all for nothing. Don't think so. Will the corner stone shareholders let this be taken over by a competitor? Highly unlikely.
I can't find much info about Toronga. Anyone?
They are building up quite a significant holding though. What do they know?
Trading halt in May?
"...a hedge fund coming in to buy isn't actually saying they are...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.375M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $5.542K | 1.385M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1334435 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6504982 | 11 |
View Market Depth
| Last trade - 15.50pm 14/06/2024 (20 minute delay) ? |
| IBG (ASX) Chart |