The lithium bubble burst, among other issues such as the write...

The lithium bubble burst, among other issues such as the write down of WSA. Then add in the nickel price destruction too. I’d dare say IGO has a lot further to fall to be honest, and that is always the issue with tier 2 miners, it’s a highly volatile play that go up the escalator and down the elevator. IGO EPS will materially decline in new commodity prices and likely forward forecasts for what it produces. So of course the share price has tanked on a revised valuation.

Everything else written in here is simply retail uninformed drivel on conspiracies. Vanguard is an index fund, it buys/sells based on investor redemptions/applications based on a company weighting in the specific index each fund relates to. Ie ASX300, various material indexes etc. Blackrock predominantly the same too. IGOs index weighting has materially declined since being sold off on commodity price declines. Some of you need a reality check and do a basic model on IGOs value with lower commodity prices going forward. You’ll realise the value isn’t $16 anymore. Heck look at the 5 year lithium price chart and nickel.

This isn’t financial advice, just a comment to the babble going on here.