ASX IGO: Lithium baby thrown out with the bathwater. New managing director Ivan Vella has no time to waste
Investor sentiment towards IGO is sliding with the lithium price and the new CEO faces a big test.
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Investor sentiment towards IGO is sliding with the lithium price and the new CEO faces a big test.
IGO told the market on Monday morning the board had confidence in Ivan Vella after investigating his dismissal for handling confidential information.
IGO Ltd: "Upon reviewing the full circumstances of this recent situation, the board continues to have confidence in Ivan's character, integrity and professionalism," said IGO chair, Michael Nossal.
IGO Limited (ASX:IGO – Get Free Report) declared a final dividend on Monday, September 11th, MarketIndexAU reports. Investors of record on Wednesday, September 27th will be given a dividend of 0.60 per share on Wednesday, September 27th. This represents a dividend yield of 4.27%. The ex-dividend date of this dividend is Tuesday, September 12th. This […]
IGO Limited (ASX:IGO – Get Free Report) insider Michael Nossal bought 20,000 shares of IGO stock in a transaction dated Friday, September 1st. The stock was acquired at an average cost of A$13.83 ($8.92) per share, for a total transaction of A$276,620.00 ($178,464.52). IGO Stock Performance The company has a debt-to-equity ratio of 18.80, a […]