Look at the short selling figure for yesterday. it was about 50% of regular hours trading volume again. After hours trade had more volume than regular hours trading. It looks like the shorts keep borrowing and selling to those who wish to buy. In this game the shors who are still selling ow can only make money if there is a panic exit from instos and weak retail buyers who buy using borrowed money. Just hang in there and 50% - 100% appreciation in share price will come. It's a long game. It takes years to develop a mine and tens of years to grow a company. The shorts play in terms of months for a quick profit. The fact that IGO can still afford to pay a dividend says alot about how confident the insiders are about the business.
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Last
$5.33 |
Change
0.020(0.38%) |
Mkt cap ! $4.036B |
Open | High | Low | Value | Volume |
$5.32 | $5.38 | $5.21 | $12.77M | 2.405M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 153 | $5.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.33 | 5409 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 153 | 5.320 |
3 | 10650 | 5.300 |
1 | 284 | 5.290 |
2 | 757 | 5.280 |
1 | 375 | 5.270 |
Price($) | Vol. | No. |
---|---|---|
5.330 | 2909 | 2 |
5.340 | 5792 | 3 |
5.350 | 786 | 2 |
5.360 | 12039 | 3 |
5.370 | 13048 | 3 |
Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
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IGO (ASX) Chart |