No it is bad news for IGO. It is only good news for SIR. They are the only ones getting anything from this takeover and good for them. Those buying IGO now are going to get crushed soon. Including the institutions and banks. When you takeover an already overvalued stock. Then you will suffer for that mistake down the track.
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No it is bad news for IGO. It is only good news for SIR. They...
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