Sent Scott a text just before and got a reply. I won’t be bothering him again until we get some real action.
I asked:
“Hi Scott, hope you’re well. You must be as frustrated as the rest of us with the share price. It looks to me like an institution or a large holder unloading to damage the stock sentiment. I know you’re always across the register movements. Is there anything sinister here?”
Scott replied:
“Hi ….. Nothing sinister. Just think selling begets selling and if anything it is majority retail selling at the moment looking at the register movements. Very retail heavy stock and exacerbates the volatility
Probably also due to lack of news flow, but we are in the process of delivering on some of the milestones we articulated in previous releases which should calm everyone down”
Take what you want from that, it’s your investment so everyone has to do what’s right for them.
IVZ Price at posting:
7.1¢ Sentiment: Hold Disclosure: Held
