IGO 1.26% $7.05 igo limited

Well what is to like is the lower Aussie dollar, its as simple...

  1. 4,486 Posts.
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    Well what is to like is the lower Aussie dollar, its as simple as that.
    Its been a game changer for those producers who have left their exposure to the currency open.
    Aussie gold stocks have finally started to see some love & I suspect other Aussie miners that have that ccy exposure will do well also as they are making good margins.

    I sold out the other day on the spike to $3.30 & have bought back in today double.

    I think there are some games being played by the international banks who in the last week have put out negative calls on commodities. I think they are trying to shake out the retail to hoover it up as they know the likes of copper can't go much lower. production cuts are already setting in.

    I picked up both IGO & OZL today in large chunks as I think they are both take over targets at the current valuations.
 
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Last
$7.05
Change
-0.090(1.26%)
Mkt cap ! $5.338B
Open High Low Value Volume
$7.10 $7.13 $6.98 $22.84M 3.246M

Buyers (Bids)

No. Vol. Price($)
5 37937 $7.03
 

Sellers (Offers)

Price($) Vol. No.
$7.06 57787 4
View Market Depth
Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
Last
$7.08
  Change
-0.090 ( 0.56 %)
Open High Low Volume
$7.11 $7.13 $6.98 1171082
Last updated 15.59pm 04/06/2024 ?
IGO (ASX) Chart
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