IGO 4.48% $5.33 igo limited

New all time high, page-122

  1. 9,814 Posts.
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    only a matter of time
    IGO PER is pathetically low at 5.0 -8.0 compared to BHP RIO PLS FMG

    ASX200 PER av is 20.4

    IGO is 100%-200% below the average peer PER, large undervaluation here.
    If the FCF continues like it is right now at $1B-$2Bpa, IGO will pay off ALL DEBT in the next year and have a war chest of $2B cash next year.

    IGO has been highly successful in taking over cheap assets

    the prior PAN bid at 47c wasnt though but PAN s now 5.0c and IGO owns 18% of it still,

    IGO will bid for PAN again imho and maybe other Ni minnows to sure up their Ni operations which has a very bullish outlook in the coming 5-10 years more so than Li.

    IGO SP highs soonish imho
 
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