Hi All,
I have made a call directly to IVO's chairman right after today's trading halt, He was busy in a meeting , but he has returned a call after his busy meeting in the afternoon.
I wont quote anything from anyone, but let me quickly share my thoughts after the conversation:
1. There is NO CHANGE at all for any terms and conditions relating to Condat Acquisition, no price adjustment etc.
This Trading Halt is to make a VERY POSITIVE announcement about Condat ( new contract or anything else, your read).
The TH will be lifted as early as tomorrow or on Thursday.
2. The new COO who joined IVO today is someone who will shape and move this company alone with its current shareholders and senior management. They have the right products suites in place, they just have to improve and grow.
You wont be able to find any big data small cap on ASX who could share any similarity with IVO.
3. What is happening to IVO's share price is very simple, and we all know the story. It appears to me that IVO's senior management share the same view, and they know clearly who the sellers.
I just really hope those who left clear their holding , once and for all,
Besides the above summary, a quick word from my own is that my SP price target is $0.14 then $0.25.
IVO will be one of the best small cap tech plays.
Cheers
Godot
Hi All, I have made a call directly to IVO's chairman right...
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