there is not doubt inov8 are bottom hunting and being extremely opportunistic in their equity stake..id even call this a distressed asset purchase considering the SP is about as low as it can go . . even the slightest increase in share price will result in massive capital gains for them...
buying at 0.002 and the price rises to 0.004..... its a no brainér really...
ALT Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held