IVA
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0.00% 21.5¢ inova resources limited

There are just too many shares for sale. TRQ and the second...

  1. kerrisdale
    208 Posts.
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    25/06/13
    21:06
    Post #: 11927231
    There are just too many shares for sale. TRQ and the second biggest holder both want out. Copper and gold in trouble. Does not look like a takeover will be offered at any sensible premium.
    Always wondered if BHP would want a look (with Cannington close) but i guess too niche for them.
    Japanese or USA trading house only other hope.
    There will be cheaper entry points IMO
    IVA Price at posting: 20.0¢ Sentiment: ST Sell Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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