I am not sure of the ASX rules but after acquiring a certain controlling stake in a company, the final shares can be bought out at compulsarily. The holder has no option. Nystar will need to bid a reasonable amount to gain control but with a fight from another party wanting to seize the Zinc resource in Greenland, the share price could have zoomed north of a dollar. That fight will never happen now. That is my point. I think management of Ironbark have not acted in my best interests to date.
And I do think IBG is a buy because even if the takeover is at 35c then that is near 100% gain? What else would you mark a stock at that will return of 100% in the current market, Dynamo, even if it takes 2 years to achieve? BHP wont give that return is all your dreams.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.077M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $1.293K | 430K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49392 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 36055661 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49392 | 0.003 |
19 | 25684136 | 0.002 |
5 | 7299989 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 36055661 | 23 |
0.005 | 2600000 | 5 |
0.006 | 5000000 | 3 |
0.007 | 715300 | 3 |
0.008 | 606448 | 3 |
Last trade - 12.25pm 02/08/2024 (20 minute delay) ? |
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IBG (ASX) Chart |