Kingkev, The appointment of Vella has not scared anyone. Only...

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)BLACKROCK: IGO shareholder, assets under management $US9.5 Trillion. BLACKROCK hold 48,336,908 IGO shares.Increased from 40,672,227 in 30th Nov 2022. Increase of 7,658, 681 shares. My guess their average is around $12 so a value of $92million. Blackrock holdings NOW: at a guess based on their notices $48,330,908 x $12 or $580,000,000. (Over $1/2billion)So these two Trillion dollar companies have recently added another 16,000,000 shares between them. Who do you think makes the share price rise and fall? You? Both of these Whales, know the real $$$ downstream value of IGO. IGO is an Iceberg, it is now in control of itself with hundreds of great experienced and professional well trained people. IGO will find its own way. IGO has in principal, ( less it’s great former CEO), the same board that got IGO where it is today. On the 6th. November when State St Corporation ( Subsidiary of BLACKROCK) increased their shareholding by 7,658,681 shares they were aware that Mr Vella was coming on board as the newly appointment CEO. If these Trillion dollar whales are still buying shares knowing Vella was the new CEO ( considering they are the IGO market) not “Kingkev and partners”. The sooner the naive little scared bejeesus shareholders( as described by Kingkev) have changed horses, the better. They are the only enemy of the IGO share price, not Mr Vella. This is the way it is. If Blackrock and Vanguard funds under management $US17.2 Trillion combined I’ll bet on them. Not Kingkev’s bejeezus, theories.