Ann: Response to ASX Query-IVO.AX, page-6

Talk about a kick in the teeth, I can't recall seeing such a notice before. I think the post above on where it came from might be on the money.

The support looks solid to stay at 3.0 to 3.1 but the market is a bit jumpy these days and it only takes a few to hit the exits and the rest follow to preserve funds.

I never liked the cap raise, it was obviously necessary looking at the books, but the veiled remarks that it was extended to allow investors to digest further announcements that just never materialised looked very poorly conceived, so they'll be lucky to raise petty cash if they pull that trigger again this year.

There is still a lot of positives here, Condat has been a good acquisition given it keeps being awarded contracts, and the Director has been buying regularly, albeit in small parcels. We just don't hear enough about the big data analytics side of the business, so far its all Condat. Treasury Wines are doing everything they can to boost volumes into a less traditional wine drinker market with new brands, so hopefully the analytics that IVO provide them might get a real test here.