The sp probably would have gone up on discovery if they didn't run out of cash and need to do an emergency raise over Christmas/New Year to refill the coffers, difficult to accept the "we expected it to go up" mantra, when effectively Invictus pulled the rug out from under the sp with a cheap raise to PAC.
I like the prospects of the Company, but they do need to be held to account for their handling of the financials which has been abysmal. Raising in Zim and a JV should effectively end that fiasco with the local money mafia.
IVZ Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
