"I reckon IVA represents value. It was about $3.30 six months ago, and is now $1.28. Is that about 70% loss in SP?"
Its a 61% fall so far.
70% off 3.30 = $2.31 so 3.30 - 2.31 = 99c so it still as a little way to go for 70%.
ok 61% off 3.30 = $2.01 so $3.30 - $2.01 = $1.29
long trend down, page-58
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