We haven’t seen the bottom as yet with IGO.
Recent significant seismic event at Forrestania may have wiped out three production stopes, shortening mine life.
I predict the bottom to be around $4.85
The only upside for IGO are the dividends from Li, not Nickel.
Hopefully IGO are not the ones in advanced discussion with the Administrators to take on Panoramic. That would be a disaster.
Looking for the bottom, page-110
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Last
$5.54 |
Change
-0.090(1.60%) |
Mkt cap ! $4.195B | |||
| Open | High | Low | Value | Volume |
| $5.56 | $5.65 | $5.48 | $25.43M | 4.575M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 47031 | $5.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.58 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| IGO (ASX) Chart |