Bosco said:"it was trading at $1.54 less then a month ago - 19th...

Bosco said:

"it was trading at $1.54 less then a month ago - 19th sept now at 94c with no bad news"
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Bosco, from a previous post on IVA, this (there was bad news):

IVA did have a downgrade. From the AFR (members only or get a free trial):

http://tools.afr.com/viewer.aspx?ATL://96ada368-e7cc-11e0-b53f-6179e73e7bee§ion=tools

It says UBS still has a "buy" in IVA but has reduced the price target from $2.20 to $2.00 following a correction from the company on results at Osborne. It says the correct results have been a reduction of 59% for 2012, and 149% for 2013, but earnings remain negative for those years in any event.

UBS also calculates that IVA will need an extra $150m in funding to complete Merlin, rather than the $120m previously thought. The company is looking at offtake funding, sale of project interest, and strategic partner equity positionsto get extra money.
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So IVA had a downgrade, and the market has priced it in. It could be on the block in January, though, when I believe RIO can take over the parent. I am not sure if the ACCC would force RIO to take over IVA as well.