RE: First ever investment1 Aug 2018 21:41
Jordan - my advice to you is spend a couple of days researching the sector and the company, read the regulatory notices and financial reports over the last year, brokers reports and news articles. When you have done that spend some time looking at the trade volumes, short positions and CV's of new management team. Having done that, look at the forward PE and take a view as to whether or not this is a recovery play or a value trap. Happy to answer any questions if you have gaps in your knowledge having done that. Good luck but I have been trading and investing for over 30 years and it is sometimes not that easy so worth putting in some hard graft as that will pay dividends even though IRV does not at the moment anyway.