SDV - SciDev Limited

[kransky]

maybe they have been moving cash from INL to one of the many hot U stocks..?? who knows..

holding...

 

[juddy]

well I guess we now know what has been smacking it down every time it has poked its head up for a run.

 

[Moneybags]

well I guess we now know what has been smacking it down every time it has poked its head up for a run.

Makes sense. They still hold a substantial amount of shares so I wonder if this will continue.

MB

 

[ALFguy]

Thanks Alf guy.

Any suggestions on why Ivanhoe would be reducing their holding. Obviously they are the "Capper" others were referring to earlier.

MB

I guess anyone holding a stock for the long term is entitled to take a profit now and again, so probably just that.

Or maybe they know that the technology doesnt work upscaled and are selling off before a big fall I am joking of course :

Will be interesting to watch the action this month and see if the dumping does indeed stop.

 

[youngneil]

someone mentioned that

US financial year works on a calender year basis meaning that their financial year concludes on the 31.12

so based on that imho this selloff will not continue.

this also explains why the SP was "smacked down" everytime it popped up i.e. ivanhoe were in a hurry to sell before the end of year, for financial purposes.

ivanhoe probably needed the money to find their JV with RIO (sourced from other opinions on other threads)

however the big question is whose laps did these shares fall on? if it is the traders then we are in for a bit more of range trading, at least till next positive ann.

regards

youngneil

 

[juddy]

There was very little movement in the sell depth today, which was quite unusual for INL. The last few weeks have been characterised by a constantly fluctuating sell depth.

 

[constable]

someone mentioned that



so based on that imho this selloff will not continue.

this also explains why the SP was "smacked down" everytime it popped up i.e. ivanhoe were in a hurry to sell before the end of year, for financial purposes.

ivanhoe probably needed the money to find their JV with RIO (sourced from other opinions on other threads)

however the big question is whose laps did these shares fall on? if it is the traders then we are in for a bit more of range trading, at least till next positive ann.

regards

youngneil

Apart from the hump at .275 sell side looks particularly thin up against the last 3 weeks. Suggesting that there has been a lot of accumulation.

Is it that simple that now the sell off has been completed by ivanhoe (presuming its completed), the sp should power on?

I know Ive been in and out of this over the last couple of weeks waiting for the rebound but its continually failed to materialise.
Anyrate bought in at the close last nite to give it another go!

 

[Brissydave]

Hi

Poster on another forum contacted Ivanhoe to ask about the sell off .... here is their respone

....As part of our agreement with Rio Tinto, Ivanhoe announced that it would be divesting of its non-core assets.

We very much like Intec, its management and its prospects. However, our company's core assets are its copper, gold and coal projects in Mongolia....

So maybe more selling off to come ... that is OK, the market has had no real trouble absorbing the recent sell off .... and I grabbed more shares ... thank you Ivanhoe. Or maybe Ivanhoe will sell the balance off to institutional buyers after the first cheque comes in, or maybe the selling will just continue as is .... and I'll be able to buy some more (next week).

Also consider that Ivanhoe do not need to hold INL, as they already have the "rights" to the technology for their Mongolian Project ....

Cheers ... Dave

 

[constable]

Hi

Poster on another forum contacted Ivanhoe to ask about the sell off .... here is their respone



So maybe more selling off to come ... that is OK, the market has had no real trouble absorbing the recent sell off .... and I grabbed more shares ... thank you Ivanhoe. Or maybe Ivanhoe will sell the balance off to institutional buyers after the first cheque comes in, or maybe the selling will just continue as is .... and I'll be able to buy some more (next week).

Also consider that Ivanhoe do not need to hold INL, as they already have the "rights" to the technology for their Mongolian Project ....

Cheers ... Dave

All make sense Dave. Looking at the open today I would say the selloff continues!

 

[marklar]

Ivanhoe still seem to hold some 39million shares (or they did late december) so we can expect another couple of weeks of them dumping at 27c?

m.

 

[toc_bat]

another battering,

its taking,

my inl,

 

[Sean K]

another battering,

its taking,

my inl,

Down 1.85% a battering

Can't you remember May 06 TB? I think I lost 30% in a few days.

I would class it as consolidation at this stage. With Ivanhoe jumping ship we can gain heart in the fact that there are plenty of buyers picking up their stock. I'm not sure what that really means at this stage, but I wouldn't be worried until it went under $0.25, and then I would panick under $0.20. Depends on where you bought it I suppose.

(holding)

 

[toc_bat]

kennas i was just trying to write some minimalist poetry there.

i got it at 23c

i am not too worried yet.

 

[ALFguy]

Anyone been watching movement on this today?
Any dumping?
From what i can see, no 1mil orders hanging around.
I'm not able to use my trading software for a few days so out on a limb.

Spent the time reading through this thread and past announcements. Still think there's way more upside than down with this company. Anticipated announcements this month may drive the sp up short term...imo.

 

[zombie_ninja]

Anyone been watching movement on this today?
Any dumping?
From what i can see, no 1mil orders hanging around.
I'm not able to use my trading software for a few days so out on a limb.

Spent the time reading through this thread and past announcements. Still think there's way more upside than down with this company. Anticipated announcements this month may drive the sp up short term...imo.

I have just attached the Course of Sale and Its current Market Depth.

 

[marklar]

Anyone been watching movement on this today?
Any dumping?
From what i can see, no 1mil orders hanging around.
I'm not able to use my trading software for a few days so out on a limb.

Everything I'm watching is down today, including INL.

m.

 

[ALFguy]

I have just attached the Course of Sale and Its current Market Depth.

Thanks Zombie, much appreciated.

 

[zombie_ninja]

Thanks Zombie, much appreciated.

No worries.

 

[ALFguy]

Someone dumped $140k shortly after open, than another $240k!

Wonder who that could be

 

[wizz]

From another site I understand that Ivanhoe agreed to sell all non core asetts when RIO came on Board. They are understandably being asked to concentrate on Mongolia.

Still about 39m shares to unload but compared to total trade in Dec this isn't driving the market alone.

Great buying at the moment in my view and only needs 1 good ann to fire up again.