IVA
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0.00% 21.5¢ inova resources limited

Hard to see why - the company is 60% owned by IVN who wont sell...

  1. sicole
    136 Posts.
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    21/10/11
    18:18
    Post #: 9174585
    Hard to see why - the company is 60% owned by IVN who wont sell into a fire sale - so a takeover isnt on - the cap raising has just happened so they have cash for the next $150m of their developments - 12-18 months worth. My theory remains an insto has hit a stop loss and is reducing their position into a thin market.
    IVA Price at posting: 78.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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