Sorry guys, but I did say that they were capital raising a couple of weeks ago on this forum. I have been buying from the $1.80 level as I think they are dirt cheap.
The ASX needs to investigate who's been selling and prosecute those people that may have had inside knowledge.
This happens all the time on the ASX when capital raisings are about to occur. Nothing is ever done or said. Just leg over the little guy.
On the positive, its a great time to buy.
Look at todays presentation. Even without Mt Elliott(the biggest project)its after tax cash flows will be over $2billion dollars. 3 times the market cap.
What an opportunity. The company should offer the little guy something.
IVA Price at posting:
$1.45 Sentiment: Buy Disclosure: Held
