I am very disappointed in the way IBG has been sold down today. Logically this is the end of drilling season so we know that the anticipated drill results are going to be good. My knowledge of the Zinc mining is very limited but just by looking at the grading percentage I can see high grade confirmation on each succeeding results published.
And yet this stock behaves like a true micro highly speculative end of the sector with the 'sell on the news' event. Glencore and Nystar doesn't seem to think it is still drilling in the dark and are valuing the company higher than the general public. They bought in at 70 cents and 35 cents from memory. We have an off take with Nystar so some of the funding issues in the future have some positive ticks. Yet there is no attraction from investors. I must be missing something important here.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.500M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $34.43K | 11.47M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 21505485 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 703625 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 21505485 | 0.002 |
12 | 12600487 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 703625 | 1 |
0.004 | 28681459 | 19 |
0.005 | 2599920 | 5 |
0.006 | 100000 | 1 |
0.007 | 715300 | 3 |
Last trade - 15.29pm 05/09/2024 (20 minute delay) ? |
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IBG (ASX) Chart |