IGO 3.61% $5.08 igo limited

Heavy selling continuing on from last week. Looks like the...

  1. 2,899 Posts.
    Heavy selling continuing on from last week. Looks like the seller was selling into any rally. when it faded he carried on selling regardless. Huge no's went thru in the auction, perhaps he's almost finished. IGO's cashflow at these Ni prices must be absolutely HUGE. I'm adding to a long term position at these prices, 2007 will reveal just how big Tropicana is and if Ni prices and IGO production can maintain recent levels they will boost the dividend dramatically. Great buying sub $4 if your in for the medium/long haul.
 
watchlist Created with Sketch. Add IGO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.