TSX:INO.UN - Post by User
Comment by
stockrook86on Nov 30, 2023 2:34pm
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Post# 35761747
RE:RE:As expected, nice jump
RE:RE:As expected, nice jumpI'm an inovalis fan, although I would like the price to remain a bit lower for another month or so hoping to accumulate with yearend bonuses.
I am a little surprised at the big move today, to me while lower interest rates will help Inovalis - the big question mark is just what the heck is happening with the Paris rezoning process for Arcueil in others. That is a big question mark and will remain a cash drag until resolved.
The insider buying has been nice to see, but it is also a little strange that by far the majority of the buying is from the former CEO that left for personal reasons a few months back. Its good to see he sees the oppurtunity, but maybe he doesn't have the most visibility to the current program.