If one or more of the majors is continuing to dump stock on the market as was the evidence today they have very publicly shown their hand to any interested buyer.
So why have we a willing buyer at 10c if the seller is so desperate to exit ... why not take them down to 5c or less ?
Surely the major seller(s) could come to some private placement arrangement with a buyer and exchange their complete holding for a set price ... why use the open market ?
It sure wont do much for sentiment if its known by the market we have sellers who hold many millions of shares and want out ... or perhaps its part of a bigger plan ...
Time will reveal all
IVA Price at posting:
10.0¢ Sentiment: LT Buy Disclosure: Held