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6.67% 1.4¢ iondrive limited

Ann: Half Year Financial Report 31 December 2016, page-4

  1. 1982
    4,512 Posts.
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    01/03/17
    20:58
    Post #: 23024906
    Still don't understand the lack of volume and price weakness since the RIU presentation, and yesterday's announcement.
    Has anyone spoken to Simon about how the presso was received? The market is telling me how it went down.
    $13M MC. Realistically I think we should be trading at around $40M, which is around 85c a share. Seems a long way off.
    Market depth is deceptive, with over 700k on the buy. If you take out the ones at 25c and below, we have genuine bids for 130,000 shares
    SAU Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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1.4¢ 		Change
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