MRX 0.00% 0.7¢ matrix metals limited

what now?, page-9

  1. 5,867 Posts.
    re: what now?stock doctor In reference to IGO, the SP appears to have adjusted for the corresponding drop in MRX price-in ratio terms one cent in the MRX price is close enough to only one cent in the IGO price in terms of mkt cap and IGO's current holding..
    Of note the IGO price was at these levels only a couple of days ago-it would appear to be far more sensitive to the nickel price than the effects of its current investment in MRX.
    Yes I still like IGO, but do not hold any at the moment.
    Cheers,TAS
 
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