Why announce you are looking at a plan for existing shareholders to receive the benefit of a heavily discounted placement, then suddenly retract it days later? While I am having a gripe, I get a little nervous when I read that our Chairman who is finishing up at a Brisbane law firm after 36 years of outstanding service, is going on long service leave to China, Italy and a law conference in Europe over the next few weeks. Nevertheless, I am heartened by the fact that all of our directors have put up 200 k each by way of a loan over the next 12 months. Despite the delays, poor $Aussie, further dilution, tiny market cap, I am still confident we will all eventually be rewarded for our patience.
IVX Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
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