Get your point DB, but I have a healthy tranche of shares and don’t need to buy more, but will do if the sovereign risk is removed and the way is paved for large institutional investors and potential farm in partners to buy in. That will also allow for bank funding/cornerstone investors. And that will only happen if the PPSA is signed. Scott even said to me personally that the ‘PPSA is the biggest stumbling block moving forward’ and I totally agree with him. Once it is signed I buy a LOT more. Do I believe it will move the sorry sp much - initially a little but in the long run I believe it will have an immense impact and I have a mental sp target in my mind that I feel it will reach within 12 months if all the ducks line up and the biggest is a signed PPSA. If it isn’t and we stagger from CR to CR I see no rainbow ahead let alone a pot of gold. The Twitter posts last night suggest there may be progress at last but after 3+ years of being ‘imminent’ I will keep my powder dry until we actually see this elusive thing signed! Just my opinion but good luck to all.
IVZ Price at posting:
9.8¢ Sentiment: Hold Disclosure: Held
