Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Assume its end of year portfolio balancing time - last Friday was the 2nd highest volume day of 2021 for INDV at 13.6m shares.
Unless something is afoot on the acquisition front as INDV must be a tasty target at this price
Yes seems like a big seller offloading towards the end of the year. Over 1m shares bought on buy back now per day and the SP is still going down. Hopefully the seller will be done soon so we can resume the upward trend
After gently backing out of INDV over the last few weeks, am now back in again. After Scopia spooked the horses I cant see why this stock doesnt get back to its steady climb, back to 265+ in the next couple of weeks. Surely all the wavering sellers got out this week ...
RNS today INDV buyback is now at 440k shares vs 330k yesterday and 130k at the start of Nov. That represents around 1/3 of the average daily volume (if we exclude the frenzy after the Scopia 3% sale) - so plenty of support here. Seems like a temporary dip thats worth investing in ...