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
only a matter of time IGO PER is pathetically low at 5.0 -8.0...
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Last
$5.80 |
Change
0.100(1.75%) |
Mkt cap ! $4.392B | |||
| Open | High | Low | Value | Volume |
| $5.75 | $5.85 | $5.71 | $13.86M | 2.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22758 | $5.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.80 | 12207 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| IGO (ASX) Chart |