IVA 0.00% 21.5¢ inova resources limited

10 y for weed, very good.Dont worry about hammers, he is getting...

  1. 208 Posts.
    10 y for weed, very good.
    Dont worry about hammers, he is getting bitter, not that i blame him, i am slightly miffed myself.
    Must admit its all a bit bemusing.
    I would like to know who bought the 8m shares shortfall. I have a hunch, just a hunch, this was maybe to give the buyer some shares to sell to drive down the price without short selling. 8m at 48c is $3.84M. If buyer was prepared to sell these down to 20c, thats a $2.24M loss. But if that means Rio gets $120M less for their shares..or someone gets rios shares for $120M cheaper...it would be worthwhile..
    just a thought
 
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