I had been reading about Invion on Australian Small Cap Investigator for some time. I recently took the plunge and bought a modest parcel at 3.4c. I have to say I'm fast falling out of love with the company. No positive news by end of May & it's curtains for me. The one thing I've learnt over the journey about most small caps is they exist to pay the directors and management a salary and mostly deliver ZIP to shareholders. The business model is premised on capital raising after capital raising, lots of hot air and very little substance. I hope I'm wrong on this one but I give it no more than 4 more weeks before I put IVX down to a bad experience.
IVX Price at posting:
2.3¢ Sentiment: None Disclosure: Held
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