I think you're on the money here. IBX will not just drop a huge release on the market and the share price gaps up to 10c. The company is so desperate they will release any good news they have, so plenty of time to invest elsewhere and just keep an eye on IBX. Wait until good news and the share price reverses and still buy in cheaper than where the stock is now.
IBXOAs are just in the money still, I think there will be huge pressure to keep the SP above 5c, so expect news if that level looks to break. But for now buying opportunities will come lower than current.
IBX Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
