IVA 0.00% 21.5¢ inova resources limited

re: Ann: Anticipated Impairment of Osborne Co... RMS has a...

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  1. 5,747 Posts.
    lightbulb Created with Sketch. 120
    re: Ann: Anticipated Impairment of Osborne Co... RMS has a market cap of $47 million
    $37 million cash no debt
    Impairment to be $58 million

    IVA has$37 million Cash in the bank and low cash burn now
    The impairment of $40 million is nothing
    Assets are valued at $315 million ATM
    Market cap $120 MILLION

    Balance sheet looks good
    Company looks better than a year ago
    Bought more today
 
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Currently unlisted public company.

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