"Yo are right: absolutely none. Silver had another nice move up and the shares are down again today on pathetic small sells into the queue"
I don't agree there is "absolutely none" support for IVR. The fundamentals are sound...
Anyone, with only half an eye on the market, will be aware of the on-going selling that has occurred over the past month or so. Against this selling/dumping, who would bother buying shares? Rather, the intelligent thing to do is possibly hold off and let it drift lower.
It wouldn't take much to lift IVR back to 18c. Any sustained buying could see an influx of buyers, who have been previously sitting on the sidelines waiting for the right signal to get on board. But the risk with sitting idly, is that you miss the catylst for the buying frenzy. That could be an announcement, a spike in the metal price, etc, who knows!
As I said earlier, the fundamentals are there for all to see!
Patience is a virtue, not possessed by many!!
info...., page-27
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Last
4.0¢ |
Change
0.001(2.56%) |
Mkt cap ! $63.35M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.1¢ | 3.9¢ | $117.2K | 2.927M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1864879 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 300000 | 1 |
View Market Depth
| Last trade - 15.54pm 09/08/2024 (20 minute delay) ? |
| IVR (ASX) Chart |