The buy-back adds to the effect of low tin stocks.
The effect is akin to a short squeeze, that's just shown up in IGO.
I quite like the timing. Despite what others say I think their timing has been near impeccable.
The old " don't fire till you see the whites of their eyes (and aim low)".
All IMVHO.
PS Removing the ramrod fist is also a good idea.
Ann: On-Market Share Buy-Back, page-68
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Last
47.0¢ |
Change
-0.005(1.05%) |
Mkt cap ! $425.9M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 48.5¢ | 46.0¢ | $1.532M | 3.249M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21619 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 88674 | 3 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
47.0¢ |
Change
-0.005 ( 0.91 %) |
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| Open | High | Low | Volume | ||
| 47.5¢ | 48.5¢ | 46.0¢ | 1002483 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| MLX (ASX) Chart |