Mentalist123

Syd 60 & Forger,are you so naive. Street corp and Blackrock are not going anywhere.They are whales who feed on guys like you.The only reason they are under 5% is because the just sold down the stock. so fools would panic and they buy them back at a lower price than they just sold them for. Called (short and buy back) to be a substantial shareholder you need to have 5% of a stock) , that basically gives them medium, controlover the dailytrade share price. Being a substantial shareholder you don’t have to report upor down unless you go up or under the 5% or you have bought more than 1% when buying up. So their trick is: they will help push the stock to above $16 with “little” manufactured trades without spending a lot of $. When little genuine shareholders see it going up they jump in the stock for the ride. But when settles around the $16 the whales come in and sell the stock down selling to around $14 something. ( $16, $15.50, $15, etc) All the little punters panic and sell to the whales. That way they are selling stock high and buying it back cheap. around $14,50. ( called “ the donkey switchback”) so you will see “street corp” back in soon as a change in substantial +5% shareholding shortly.They ain’t going anywhere and not is BR. IGO is a above premium company (dirt cheap at $25) and they both want to have 10% by the time IGO gets “jet propelled” into orbit. That day will be when IGO have mastered the Kwinana processing lithium upgrade into a higher concentrate, and high volume” battery grade lithium. By then the little punter ( will say WTF? and will have egg on their face and the “whales “ with a big smile. My guess IGO will get taken out by June-Dec 2024. It’s just too cheap for “what’s in its saddlebags”This is how “beauty and the beast plays”