OTCPK:IVWFF - Post by User
Comment by
99921on Mar 14, 2011 2:18pm
235 Views
Post# 18282327
RE: Announcement
RE: AnnouncementAs a longtime shareholder I'm beginning to feel like that guy Joe in the L'il Abner comic strip who constantly had a rain cloud above his head, even on sunny days. The market doesn't appear to be unduly alarmed with the share price up one cent on thin trading.
Given the number of trains involved and an average lead load of about 16 containers per train it would appear that the lead cargo might not have been uppermost in the minds of whoever routed the trains. The length of track involved is quite minor relative to the total haul to Fremantle. I wonder why the whistleblower took so long to alert the regulator - the first hauls were made back in November. It would appear that there are individuals who are looking for any opportunity to create a negative situation for IVW. Sure hope they can create a more positive image over time.