The mentalist

Two things happening with IGO. B4 get into it..IGO last quarters pays dividend $0.60c. Then makes a $550m profit for the quarter. Then from mid July $16 share price to mid November 4 months to +$8 ish, with no negative news, ? shares plummet by 50%. Only 2 reasons, considering the above:We all know the share price is taking us for a big ride, but we don’t know the destination.Reasons of which are only two:1. The Trillion $ market caps, putting pressure on naive small shareholders to sell. Buy up in early mornings 20c then dump make the rats desert the ship. Laughing as they do it.2. Forcing price down for a third party to bid for IGO. If that happens can assure a senate enquiry.Outside bet: 3. Possible 3rd reason: one long term holders who are in for average around $4.00 taking the windfall profits due to financial pressures elsewhere.There is no other logical explanation for a 50% drop for a blue blood company like IGO in 4 months. 1+1 is not 4. I’m sure others are looking, and IGO should engage with the regulators ASIC now for observational purposes. However always do you own DD and investigations.