IVA 0.00% 21.5¢ inova resources limited

It's getting closer to zero every day ... market cap now...

  1. 370 Posts.
    It's getting closer to zero every day ... market cap now 83m

    might as well stick the whole thing on eBay !!!

    Looks to me like there is only a couple of options being priced into the sp here:

    1. cap raising @ 10c or below which would massively dilute existing holders
    or
    2. low ball 15c takeover offer

    The other option of shutting down the business and selling its assets for 30c book value probably wont be explored
 
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Currently unlisted public company.

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