IBG 0.00% 0.4¢ ironbark zinc ltd

RBS just did a plcement in kgl at 15.c when kgl was 20.5c...kgl...

  1. 18,712 Posts.
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    RBS just did a plcement in kgl at 15.c when kgl was 20.5c...kgl is now 20c.

    IBG was trading at 25c for most of last week and the week before, this is probably when the placement was initially organised.
    IBG now has an extra 11 mill in the kitty and the share price is pretty much whats its been if not above the last 2 months average.

    I think those who got placement stock will be aware of the news ahead and will probably find more of the market will become aware of IBG's potential.
    I will be looking to buy more if the price action is right, I wasn't aware of the story until recently.

    Anyway good luck all.
 
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