IVA 0.00% 21.5¢ inova resources limited

you've got to be kidding, page-47

  1. 370 Posts.
    The 'selling campaign' began in early Jan for IVA and has been relentless with no sign of relief.
    During this period more than 41m shares have changed hands and yet we are led to believe that no 'major' shareholder has decreased their holding by more than 1% which would trigger a announcement to the ASX.

    The entire free float of the company available for market trading is 314m shares (Turquoise Hill ownership doesn't count in the float).

    Throughout this entire period the company has chosen to remain silent (even breeching ASX regulations of continuous disclosure in relation to RIO's divestment plans) and the regulators themselves have turned a blind eye to the obvious manipulation and trading patterns keeping the SP artificially suppressed.

    A takeover by the insiders will occur ... of that there is no doubt and sometime in the future rational valuations will return.

    Until then you've gotta let the crooks get on with their work.
 
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