IVR 0.00% 4.8¢ investigator resources ltd

likes and don't likes

  1. 120 Posts.
    What I like: Peterlumbo discovery looks the goods. Could easily be a multi-million ounce p.a. silver operation within a few years.

    What I don't like: Directors/management don't look the goods. Jnr explorers should NOT pay their execs massive salaries until they have earnt their stripes (which are only just appearing). Mr Anderson's pay of $380,000 (incl ops) is obscene and I'm not sure the discovery at Peterlumbo had a lot to do with his management.

    I also note that 2 of the directors bought shares AFTER the drilling was completed and BEFORE the first drill results were announced. That smells like insider trading to me.

    I also dislike companies where directors don't have skin in the game and I note that IVR's directors own less than 2% of the company. More to the point, with a cap raising underway, the directors will have no real interest in limiting dilution and I'm guessing will be seeking as much money as possible.
 
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Mkt cap ! $76.02M
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4.9¢ 4.9¢ 4.8¢ $89.03K 1.827M

Buyers (Bids)

No. Vol. Price($)
1 20832 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 1044166 4
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
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