IVA
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0.00% 21.5¢ inova resources limited

using over valued paper to buy over valued assets is a well...

  1. tastarga
    5,867 Posts.
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    17/03/09
    12:20
    Post #: 4911896
    using over valued paper to buy over valued assets is a well known past time!


    But someone would have to be awefully desperate to accept this paper, when it is only backed by less than net 2 cents in the bank and the only 'real' market is the vendor buying back his own shares at a discount to the issue price???

    Cheers,TAS


    IVA Price at posting: 52.9¢ Sentiment: Sell Disclosure: Not Held
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