The mentalist, page-4

Kingkev, The appointment of Vella has not scared anyone. Only you. I think that IGO has a lot of shareholders who are in IGO because they see the potential in the long term. The downside of that is the majority of the total ( being shareholders/not in quantity holdings).as I explained in a recent post that some of the larger shareholders including 2 x trillion $ companies at a greater position of holding in IGO. The share price going down, has zero to do with Vella it just gives these IGO volume hunters an excuse to sell down and scare the bejezus, out of smaller shareholders, and soak them up, you will see the bounce, when the. small shareholders have run out of bullets and run away at shadows. The big whales were buying all the way up to $16( see the announcements “ change in substantial shareholding” only then you may understand their end game. VANGUARD: IGO shareholder: assets under management $US7.7 trillion. They Hold 47,957,295 IGO shares currently, an Increase from 39,585,468 on 24th July 2023. That’s an increase of 8,332,827 shares. My guess average $12 share or a spend of $A99,998,000. VANGUARD: total investment in IGO or $A47,957,295 x $12 or $A575,487,540. ( over 1/2 Billion)