The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
$INVVY
JPM, who manages the ADR stopped doing new issues, so it acts as a 'closed end' fund, with limited total shares, plus you cannot short it. What you are witnessing is detachment from and fundementsl valuation and simply playing a casino of supply and demand unrelated to the performance of any
Something don't sound right though with Invvy since $3 a share not so long ago its up over 400% and can't find any reason to warrant such a rise, yes I am happy but I need to hold till atleast £1.50 a share to cash out