Could be a tough day on Monday based on the base metal price falls on Friday night.
Ni down 4.8% the most of all the base metals and the big miners got hammered too.
I doubt that the gold rally will be enough to prop IGO up on Monday and there could be material reversals in the ST as people lock profit in from the decent rally since 1/9 (+16.7%).
I listened to the recent conference call and was encouraged at how things sit for IGO and the prospects for 2018. All else being equal, it would seem that they will make a lot more money in the coming year provided that commodity prices don't implode.
Cheers
john
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Could be a tough day on Monday based on the base metal price...
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Last
$5.09 |
Change
-0.110(2.12%) |
Mkt cap ! $3.937B |
Open | High | Low | Value | Volume |
$5.11 | $5.20 | $5.09 | $15.77M | 3.077M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 44376 | $5.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.10 | 48941 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 55694 | 4.840 |
9 | 75574 | 4.830 |
7 | 69191 | 4.820 |
6 | 68525 | 4.810 |
3 | 30648 | 4.800 |
Price($) | Vol. | No. |
---|---|---|
4.850 | 56769 | 5 |
4.860 | 65408 | 12 |
4.870 | 119947 | 13 |
4.880 | 69237 | 10 |
4.890 | 25230 | 4 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
IGO (ASX) Chart |