re: Ann: FORM 604 NOTICE OF CHANGE OF INTERES...
Change of interest from 13.07 % to 12.97% big deal, i thought they did not have to disclose these minimal amounts . Whats the meaning behind this .
Hammers if the company could be sold for $100 mil it would be gone in a heartbeat . Glencore pumped $150 mil into YTC that is in development stage . YTC is not even a scratch to where IVA is now . There is no doubt that RIO,s ability to control this ship in full has frightened all other sailers away . IVA is a good sound ship but it is rudderless for the time being .
The minimal volumes going are a signal that the big insto,s are clearly out . Junior insto,s or backyarders are at play here.
When RIO give the market a bit of direction this thing will go like a rocket.
IVA Price at posting:
11.5¢ Sentiment: None Disclosure: Held