IVA 0.00% 21.5¢ inova resources limited

share price was at $2.30 only 2 months agoit was trading at...

  1. 206 Posts.
    share price was at $2.30 only 2 months ago
    it was trading at $1.54 less then a month ago - 19th sept now at 94c with no bad news
    big copper price fall but has since stabilised and pushed higher yet share price has continued to fall.
    share price is now over 30% lower then the very recent insto placement which was issued at an already reduced price at $1.39 only weeks ago
    the $88 mill from this insto placement already banked and done.
    constant and many small sellers continuely pushing price lower for reasons unknown. each time it tries to rise a heap of selling appears instantly to push it back down.
    why are the instos who were happy to pay $1.39 a share for it only 3 weeks ago not buying the tripe out of it at these prices ?
    why does the parent not just bid and take the whole company out for the balance 40% in does not own or someone else pitch a low ball price and pinch it whilst it is being trashed.
    all the other large and medium asx copper shares have bounced strongly in the last week however Ivanhoe has gone even lower.
    perhaps somebody needs to ask the company why ?????
    something seems very odd or bad here and company has lost all credibility in my eyes
 
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