IVA 0.00% 21.5¢ inova resources limited

Ann: Company Investor Presentation , page-7

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  1. 5,747 Posts.
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    I follow IVA closely and I will be expecting to hit 60 cents
    In 7 to 8 weeks as that is how long it has taken to bounce
    Off the previous lows

    It could come quicker or a little longer but in not expecting a big
    Kick in the next month

    I think holding the SP tight and accumulating is what happens
    Eventually the breaks are off and the SP takes off

    Then the sell downs starts again

    The problem here lies in the fact that there are very few retail holders
    Sometimes it is nearly impossible to buy or selL becausel the volume is so low

    Even the recent CR wasn't filled by retail
    but the bigger holders Snapped them up at 48 cents

    Picking them up at a 25% this week isn't too shabby

    Really pays to buy in at the lows
    Quite a few stocks hit the yearly lows in the past week or so

    Imoo
 
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Currently unlisted public company.

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