As I see it results are great for us all to keep the faith but the market wants to have confidence in the IVX balance sheet & are waiting only for a partnership deal or significant sale. It is exhausting & their are long long long term believers. Unfortunately the time the share price moves on good results has long gone when years back it used to rise 10cents a week in expectation. Rouge philanderers took this company for a ride & cost investors & big pharma many $$$ and time & they have not forgiven. They won't bet on anything to do with ivx until someone big comes in & bankrolls the story. In the meantime management have a weak position at the negotiating table & need $$$ backing to call potential suitors and get a reasonable price on the IP. I could be wrong & my guess is an 8 cent SP eventually so it's fair to say it's an 8-1 bet (unfortunately not 20 cents or $1 which it could of been if we weren't shystered by the criminals that once ran CBZ).
IVX Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
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