10.5c gives IVA a market cap of 76m. Cash in the bank now represents 50% of that cap believe it or not.
It's not all bad news however, the best and brightest of IVA's board who have been silent throughout the recent price slump have come up with a simple but effective masterplan to right the sinking ship......
Lets change the name of the company !!!!
At last now we have a clear and tangible roadmap to future posperity. I see now why these guys get the big bucks ... genius
IVA Price at posting:
11.0¢ Sentiment: LT Buy Disclosure: Held