Has anyone a copy of the broker reports? Be interesting to see what their Nickel price forecasts are. IGO was $6 in 2015 when nickel prices were lower than they are now (I know there's since been a downgrade to Nova).
I think the recent push up to $4.40+ was probably due to euphoria about batteries. But considering recent euphoria has tripled the prices of lithium hopefuls, the small 10-15% push hardly seems like anything. All this euphoria before the battery 'gigafactories' have even opened.
I think this is still good to hold for ~5 years, and maybe accumulate more if it drops to the broker targets. In that time, I'm sure there will be a few more spikes as people get excited about a new battery manufacturer.
opportunity?, page-421
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Last
$5.14 |
Change
0.050(0.98%) |
Mkt cap ! $3.937B | |||
| Open | High | Low | Value | Volume |
| $5.10 | $5.19 | $5.10 | $14.38M | 2.795M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27470 | $5.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.14 | 6403 | 1 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| IGO (ASX) Chart |
