IVA 0.00% 21.5¢ inova resources limited

quietly building a sizable stake, page-9

  1. 208 Posts.
    vanguard precious metals and mining 5%, M and G 13%, Franklin <5%, turquoise hill 59%. My guess m and g will go to 15%. So say 80% plus 'locked' away. Still thats 100million shares still liquid

    The new management sounds impressive which they will need to be given cash and expenditure over the next year.

    The thing is Turquoise is in the box seat for any deal given their shareholding and the loan. ..so..

    Any other major investor is going to need to buy enough stock to block what Turquoise plans if it so chooses.

    would be nice to see $1.40 again..but we may be waiting a while. Go yeti go!
 
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