Trove are either spending time and effort on these videos at a client’s request or they are doing it in their own spare time. If they are doing it in their own spare time, no compensation, the the only motive is to gain publicity. I think this is unlikely only because the analysis is done so negatively (one sided), that they are taking a risk at damaging their reputation if they are proven wrong if the next drill is a success. I think if they were doing it for publicity then they would present a slightly more balanced analysis. Which leads me to think that perhaps someone has paid them to undertake this work, which is the business they are in. Maybe the client’s motive is to suppress the share price leading up to CR? Food for thought…
IVZ Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
