Well we've cracked the $5 barrier on the back of very light trading. At the moment there are less than 10,000 shares for sale ranging from $5.10 to $5.50. As Morrison6 has said, buyers must be very frustrated with the lack of liquidity in this stock. If the company turned away a potential takeover valued at around $6.50 a share, why would shareholders feel inclined to sell below $5 or even $6 for that matter? I'm happy to back the company's confidence that it is worth more than $6.50 a share.
ITQ Price at posting:
$5.00 Sentiment: Hold Disclosure: Held
