Agree the ridiculousness of the situation is a real test of belief - a profitable producer, with further production coming on - and a sinking SP - the volumes seem too low for it to be a major fund or predator - maybe it really is a brainless insto operating on auto pilot after some portfolio trigger was breached. Either way I keep buying my small lots and hope in the fundamentals - it should bounce back equally fast.
Also I think the lack of quarterly information as IVA are now classified as a producer (as opposed to explorer) under ASX rules has caused an information vacuum that isn't helping things. Plenty of other producers keep with the quarterly info - a shame IVA hasn't.
IVA Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
