IBG 50.0% 0.3¢ ironbark zinc ltd

Now it's the time, page-21

  1. 169 Posts.
    Gents

    Have a look at TON chart. On announcement of CR share price hit high and max of 90c 2 days later. Similarly the IBG share hit max of 13.5c 2 days after ann.

    TON at settlement still has premium on the issued price and dip down very close to 50c at 51.5c, 2 days after settlement.

    IMO, IBG SP should get very close to the issued price of 9c, after Wed next week.

    I have researched many CR stock over the years and generally SP will tend to come back to the issue price and some will trade to 10% discount of CR price before resuming the next leg up.

    In some way I expect IBG SP to mimic TON over the CR period. Have a look and research yourself.

    One poster has a trading style very similar to mine, ie ave buy pice 10c and sold 13c for a good swing trade. Well done on that short term trade.

    cheers
    pcyc
 
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Last
0.3¢
Change
0.001(50.0%)
Mkt cap ! $5.500M
Open High Low Value Volume
0.4¢ 0.4¢ 0.3¢ $72.74K 22.15M

Buyers (Bids)

No. Vol. Price($)
12 28367245 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 33870342 15
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
IBG (ASX) Chart
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