Look all I know is that Efficient Capital Markets don't, fully exist. Semistrong -form Efficient market hypothesis tells us that current prices reflect all public information. Research finds plenty of anomalies, for example IGR! In other words igrs intrinsic value is much higher than its share price with the new info we have on the stock, as we're experiencing a lag. This means investors like us who act sooner benefit more from public info and hopefully this will give us abnormal profits. I guess an extra $2000.00 didn't hurt you though. I was considering trading it when I saw xmj and all ords reversing but I thought I'd rather average up when it starts to move.I actually picked a small bunch up on close though. Instos - they'll be holding back until they get the full picture...i.e. full pre feasibility, info on fast tracking. The bigger ones will prob wait till we get a resource upgrade? Maybe 1.5 million plus??? Irrespective of this, I think we'll get another strong move when igr moves again..Time will tell though. good luck mate and well done on the trade.
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