huge bids on iif and iof, page-8

Ask yourselves why this whole cap raising was not done pro-rata at a discount, which would have had a better reception.

The reason is, IMO that the very institutions that have been selling, shorting and hammering this are likely the recipients of the institutional placement, and they would not have been able to buy huge chunks of stock to keep hammering it.

Now, thanks to IOF management, they can start the whole game over again.

I look forward to the substantial holder notices, and have no doubt we will see rises in those holdings recently sold down.