hi horsetrader
Just from following IGO for the last 6 months from a tip from my broker, i have to say that anything around $3 would be a great entry considering i missed the boat on the way up and wathed the peak at $9.39.
Part of the problem is the ofcoarse the overall general market and the spot price of NI has been belted, when you subtract the cash and receiveables from IGOs market cap it is very very cheap when you look at some of the spec companys in the resource sector valued at $300 million +.
The spot price of NI will rise again and IGOs SP will jump very quickly, finding the bottom is always very dificult, the market is a dangerous place and we havnt finished earnings season yet, IGO could very well go lower no doubt but $3 bucks isnt a bad place to start buying in with the ability to average down if she falls lower
hi horsetraderJust from following IGO for the last 6 months from...
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Last
$5.99 |
Change
-0.060(0.99%) |
Mkt cap ! $4.536B | |||
| Open | High | Low | Value | Volume |
| $6.06 | $6.07 | $5.92 | $15.40M | 2.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9419 | $5.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 19811 | 2 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| IGO (ASX) Chart |