Rumour on a large position to be taken in OZ minerals saw the SP up around 15% at one stage.
I bought shares in both, but I actually think IGO is quite a bit better value.
I saw both as take over targets, but IGO got better assets so in the longer term has more value, although some capex to be spent.
They would actually be a very good merger I would have thought.
But I can't see that happening, however I can see someone trying to take them over completely.
If not the great story will continue to unfold for IGO holders.
That's what I call a win:win. ;-)
Rumour on a large position to be taken in OZ minerals saw the SP...
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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) ? |
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Last
$7.08 |
Change
-0.090 ( 0.56 %) |
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| Open | High | Low | Volume | ||
| $7.11 | $7.13 | $6.98 | 1171082 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| IGO (ASX) Chart |