IR1 2.50% 20.5¢ iris metals limited

Personally I think that this is another positive step in proving...

  1. 374 Posts.
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    Personally I think that this is another positive step in proving up the deposit.
    The fall in price in my mind does not reflect general disappointment with the results, but reflects the build up of anger in retail investors over the way they have struggled to obtain information. Clearly many intended to wait for the result to sell ,irrespective of the result and this is the result.
    Disappointed to hear the way retail investors have in the past been described .I believe they were the ones who took the price to where it got to ,not these so called Institutional Investors,where are they and our paid for advisers now. One institution we know was bailing around $2.0,
    I still consider directors to be astute,however I have for a long time sensed an attitude of this being run as a private company and the inner cycle.
    I truly hope that company attitude and information flow changes quickly,as there are many angry holders out there yet to exit with no intention of ever coming back .

 
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