As I write-the gold price is :
AUD$1,767 per oz.
IRC at current SP of 12.5 cents the Mkt Cap. is a lowly A$32m.
Some of the bigger gold coys must surely have their eye on IRC "alone"
and IMO be thinking of putting in a "cheeky" bid of ~A$65m ie 25c per share.
Yes we all think this is "low ball" but who knows-could be the beginning of negotiations !
Voytek of MRP forum has experienced JP selling out Phoenix Gold to EVN for a low 15 c
for 4 m ozs (admittedly gold price was in doldrums then-2015/2016).
Some IRC s/holders might just be prepared to sell out @ 25 cents.
Personally I wouldn't be surprised to see some "breaking news" for IRC in the coming weeks.
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $42.50M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.8¢ | $82 | 2.146K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 127669 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 674 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 127669 | 0.038 |
3 | 175672 | 0.037 |
5 | 605777 | 0.036 |
8 | 278232 | 0.035 |
4 | 441924 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 674 | 1 |
0.040 | 305301 | 3 |
0.041 | 206306 | 2 |
0.043 | 200000 | 1 |
0.044 | 30150 | 2 |
Last trade - 10.10am 30/07/2024 (20 minute delay) ? |
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