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But first you must step up and become the leader of the castaways to prevent chaos and ensure everyone’s well-being.īuild a fish farm to catch eels, a quail farm to cultivate poultry and a crab farm to trap shellfish. Authorised by Bruce Jackson.Being stranded on a remote island has never been so entertaining!Īfter a shipwreck, your main goal is survival, although getting off the island would be great too. This article contains general investment advice only (under AFSL 400691). The Motley Fool Australia has no position in any of the stocks mentioned. has no position in any of the stocks mentioned.
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The Motley Fool Australia’s parent company Motley Fool Holdings Inc. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The lithium ASX share that’s still cheap: expert.Looking to invest in the electrification and battery theme? Here are 5 ASX shares to consider.These are the biggest opportunities on the ASX in 2022: fund manager.ASX 200 (ASX:XJO) midday update: Sydney Airport takeover update, Santos falls.The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys. Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and IGO wasn’t one of them.
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Should you invest $1,000 in IGO right now?īefore you consider IGO, you’ll want to hear this.
#Arcuz 2 hints upgrade
The post IGO (ASX:IGO) share price storms higher on broker upgrade appeared first on The Motley Fool Australia. This could be used for potential acquisitions, such as nickel producer Western Areas Ltd (ASX: WSA), which it is currently in discussions with about a potential change of control transaction.Īll in all, the broker is very positive on the company’s outlook and sees a lot of value in its shares at the current level. This is due to its belief that the company has a stronger earnings profile now thanks largely to its well-timed move into the lithium market through its Greenbushes and Kwinana operations in Western Australia.Ĭiti also highlights IGO’s strong balance sheet with almost $1 billion of cash sitting on it. And while it suspects that the sector’s strong performance could soften slightly after several strong quarters, it remains very positive on the IGO share price. Why did Citi upgrade its shares?Ĭiti has been looking at the resources sector. Including this dividend, the total return on offer stretches to approximately 20%. In addition, the broker is forecasting a 31 cents per share fully franked dividend in FY 2022. The catalyst for the rise in the IGO share price today has been the release of a bullish broker note out of Citi.Īccording to the note, the broker has upgraded the company’s shares to a buy rating from neutral with a price target of $12.40.īased on the current IGO share price, this implies potential upside of just under 17% for investors over the next 12 months. This means the IGO share price is now up 58% since the start of the year. In afternoon trade, the battery materials focused mining company’s shares are up 4% to $10.61. The IGO Ltd (ASX: IGO) share price is among the best performers on the S&P/ASX 200 Index (ASX: XJO) on Thursday. Concept image of a businessman riding a bull on an upwards arrow.