IGO 1.97% $5.69 igo limited

The mentalist, page-45

  1. 1,285 Posts.
    lightbulb Created with Sketch. 169
    Of course, this market is rigged. You would never expect to see 6% intraday move like this on a miner! It's the like of tech stocks that merit this sort of daily move over the last few weeks. This play can hurt both ways. The ones who piled in on the short side now could be blown up in a week. As IGO now broke below the lowest point of 2 years, everyone is nervous. I think the long just need to be patient and nibble a little every week. It will hit the bottom one day And from that point, FOMO and short covering will send it up 50% within 6 months. Anything can happen but the risk has diminished a lot now that it is around $8. I still remember people think SANTOS and ORG could die when the share prices hovered around $2.5 then soon after they rose over between 150% - 200% from the bottom.

    Just have to wait for 6 - 12 months for the sentiment to change.
 
watchlist Created with Sketch. Add IGO (ASX) to my watchlist
(20min delay)
Last
$5.69
Change
0.110(1.97%)
Mkt cap ! $4.308B
Open High Low Value Volume
$5.63 $5.77 $5.62 $31.05M 5.451M

Buyers (Bids)

No. Vol. Price($)
2 2145 $5.69
 

Sellers (Offers)

Price($) Vol. No.
$5.70 43298 3
View Market Depth
Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
IGO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.