SP - I'm with you and it is such a shame. The ANN was written by a GEO for GEOs, is too wordy, too technical and didn't highlight the spectacular results.
I'm not suggesting IVR dumb down and ignore the technical aspects of the exploration programme but it would be good to get some top line highlights to get the market excited.
My broker (god bless him), won't have read the whole ANN today and I'm sure if he has, he won't have read it in as much depth as me. The nuances of the ANN and the important info on the last page will have been lost to him and probably others.
Theory: Maybe when my broker has a bit more time after hours he will read the ANN in more depth? Maybe after pouring through all the technical aspects of the ANN and getting to the final page and doing some calculations he might recommend I buy some more? Maybe this will be happening all across the market over the course of this week? Maybe........
What I am confident of, is that the wider market doesn't appreciate the significance of today's ANN and that is entirely down to its drab nature and structure.
IVR Price at posting:
18.1¢ Sentiment: Buy Disclosure: Held
