Cheers,
I'll give you a tick for that. However, Glencore will be dribbling supply back to keep the prices elevated and lots of other mines won't get running for your exact reasons. I reckon ( yes, I know only fools reckon) that's why IBG will get running, because it's so big and the Chinese need a way to ruin Glencores plans and flood zinc supply into the market and repeat the iron ore story. I truly don't believe IBG won't be around in 5 years, because of bust or takeover by the Chinese. We all have our different opinions, mine is to make a profit from a takeover within that period and be bought out. Others as you have seen believe the price will go to $4.00 a share, I would be ecstatic with 40c. What's your opinion Arsenic?
Cheers, I'll give you a tick for that. However, Glencore will be...
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $5.500M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.4¢ | 0.2¢ | $18.36K | 6.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4577362 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 31208333 | 9 |
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| Last trade - 15.59pm 04/10/2024 (20 minute delay) ? |
| IBG (ASX) Chart |