IVA 0.00% 21.5¢ inova resources limited

The fair value is you a betting on a company that is up against...

  1. 5,747 Posts.
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    The fair value is you a betting on a company that is up against the wall
    Copper prices have stayed low for quite some time and I
    Can't see that changing anytime soon
    I can't imagine a CR as Tourquise Hill won't chip in
    So the the company is in peril

    I would think assets would be about 20% of book ATM
    With no buyers lining up

    This is when fortune Favour the brave I guess

    Good news is it is RBA policy to drop the AUD down
    And that is working nicely

    The other thing is that so many companies are struggling that
    Something has to give

    I just wish I was brave enough
    or is that smart enough

    Is anyone willing to go all in

    Imoo
 
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