I think it's a mistake buying shares for dividends. My only concern is the price. Glencore have been trying to unload since 2015 I can't see IGO overpaying. It has a 12 year mine life, works 24hrs per day and employs 500 people. It isn't a toy. Nice picking up shares under $11 today.
The "Drunken Sailor" phase, page-6
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Last
$5.64 |
Change
-0.230(3.92%) |
Mkt cap ! $4.270B | |||
| Open | High | Low | Value | Volume |
| $5.76 | $5.84 | $5.64 | $26.26M | 4.603M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 28870 | $5.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.65 | 27843 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IGO (ASX) Chart |