I know it is complex and they will have a new CEO. However, this 50% drop might be a great opportunity to enter a play that can deliver an 80% upside in a few years. After all, the big winners are those who gamble on opportunities. Those who bought when Covid hit would have made 100% on so many stocks by now. And those who played stock options at that time could have made well over 100%. Australian miners of mid-size are quite promising due to our stable government and geopolitics. At a 50% drop, the risk is now low and new positions in this stock are likely to be profitable in 6 months.
I know it is complex and they will have a new CEO. However, this...
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Last
$5.69 |
Change
0.110(1.97%) |
Mkt cap ! $4.308B | |||
| Open | High | Low | Value | Volume |
| $5.63 | $5.77 | $5.62 | $31.05M | 5.451M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2145 | $5.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.70 | 43298 | 3 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| IGO (ASX) Chart |