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5,747 Posts.
120
19/12/12
16:45
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Davmarc
I certainly don't expect any takeover
The company is basically owned by Turquoise Hill
They would know the true worth so the SP won't matter
My value for the company is over $1
The future will prove this to be cheap
The market dictates the buy and sell price ATM
I expect 60 cents will come early next year
This accumulation is good but there are more shares around now
To cash out for a profit
So hitting higher levels will take time
Of course resource upgrades will help the SP
Good luck with it
I just wish all my holdings were as good to me as IVA have been
I first bought at $1.17 I traded a few times
Averaged down at 38 cents
Sold all at 72 cents
Started buying again at 48 cents
My average would be less than 10 cents now
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