lol I hear ya! I suspected it was a case of “volume is in the toilet need to help pump up attention on this stock”. But volume will do what’s it’s going to do, will be very quiet until 1): revised financial numbers released next month (unless they slip that timeline again… was meant to be last year), 2): SSW make a call (or rather INR announces who the final JV partner will be…), and 3): the legal case is settled. With all 3 sorted price will trend in its up trend channel towards fair value 6-12months out from production. But the latest risk to INR isn’t what the company will do… it’s the market going full risk off (which could already be WIP) before they get their stuff sorted… that’s the biggest unspoken on all these interviews I think. If the wider market tanks in the next year or two, risk assets will be smashed, they need to de risk as much as possible before then.
INR Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
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