That's naive and probably said with an agenda. IGO has plenty of Nickel. Is its share price representative of true value at present. I don't know the answer, but I do know it's intrinsic value doesn't change 11% overnight. Is the company worth yesterday's price or today's at 11% higher value? Share prices in the short term are more of a popularity contest, particularly those that can't be valued on earnings or a yield. Are you telling me that 18 months ago the stock was genuinely worth $3.40 ($310m) because the share price said so. Value and price are 2 different things. As I said, I guarantee if you offered this to an industry player, with all shareholders in agreement, for 2-3 times the current price, they'd bite your hands off. You just like to feel clever being on the right side of the momentum trade. If this gets a trade equity partner, offtakes, prepayments etc it will be double in no time, and no doubt you won't be posting quite so frequently
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Last
59.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.23M |
Open | High | Low | Value | Volume |
58.5¢ | 59.0¢ | 58.5¢ | $3.601K | 6.112K |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 7949 | 58.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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60.0¢ | 4792 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 7240 | 0.580 |
2 | 5600 | 0.575 |
1 | 4943 | 0.565 |
3 | 18237 | 0.550 |
2 | 3741 | 0.545 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 4000 | 2 |
0.605 | 750 | 1 |
0.610 | 5482 | 4 |
0.620 | 15000 | 1 |
0.630 | 5035 | 1 |
Last trade - 14.40pm 22/05/2024 (20 minute delay) ? |
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Last
60.0¢ |
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Change
0.000 ( 5.26 %) |
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Open | High | Low | Volume | ||
57.5¢ | 60.0¢ | 57.5¢ | 2178 | ||
Last updated 14.49pm 22/05/2024 ? |
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