That is correct Shepso
JRV was trading at 1.5c before INL stepped in and INL paid 1.6 and 1.8c a share as their major buys??
Pedro do your research , JRV was heading north from 1.5c at the time and INL do not need to sell now in order to make a profit.
They were just about to JV with the company so they know what JRV have in the ground and they obviously like it wouldnt u think.
Whether INL are part of the JRV partnership wouldnt worry them too much anyway.
JRV still may use some of their technology down the track and may give INL more shares for their trouble, but all speculation at this stage.
Yes it could drop back to that level but with the Chinese coming on board and imo they will, I doubt it will ever drop below .02
In fact INL may have been selling small parcels over the last couple of days, but they will sit in as a major and wait for the partnership with JRV and the Chinese to be sown up before slowly offloading for higher profit down the track.
Don't be surprised if INL still play a part in the JV partnership with the Chinese, I think it could be a bit of 3 way action shortly, just the way I like it.
Warnie
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.13M |
Open | High | Low | Value | Volume |
1.3¢ | 1.5¢ | 1.3¢ | $57.61K | 4.114M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2851719 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 197195 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2851719 | 0.013 |
12 | 5250262 | 0.012 |
19 | 5403592 | 0.011 |
30 | 12882293 | 0.010 |
14 | 4383580 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 197195 | 2 |
0.015 | 1626192 | 8 |
0.016 | 1675372 | 8 |
0.017 | 977766 | 3 |
0.018 | 2649433 | 6 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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