Indiva Ltd V.NDVA.H

Vol.

[HARJAY]

Somebody buys 157 K shares at the ask but tthe as doesn''t go up ? HHuge bid at $0.02 and as has been $0.025 with good buying at the ask  but the ask doesn't rise accordingly with demand.

Being held down to allow people to accumulate at this price ?????

[Clintcoin]

It's usually just a big seller offloading small blocks of shares as not to spook potential buyers by placing a huge order on the ask. I have been accumulating shares at .025, there's not much more it can decline and the company seems to have pretty good prospects. Just be patient.

[caretired1]

Sundial has openly stated they are selling down their position in much of their portfolio - they have lots of shares to sell.  Hang in there for 6 months

[HARJAY]

I have just started following Indiva , can you enlighten me as to why Sundial would want to sell ddown their position at these levels when i presume they acquired it a higher prices. If you had bought into invest wouldn't you want to hold until the co. started perform bettor and show growth ? Would appreciate a response so i can make a informed decision on Indiva.. Thanks !! 

[carlp727]

https://www.prnewswire.com/news-releases/sundial-and-indiva-announce-22-million-strategic-investment-301228664.html

[carlp727]

dial will be the sole subscriber in the Placement. Proceeds to Indiva, net of fees, commissions and expenses are expected to be approximately $20.9 million.  "Sundial is pleased to support the development of Indiva's high-quality products," said Zach George, Chief Executive Officer of Sundial. "This transaction broadens our exposure to the rapidly expanding

[HARJAY]

Thank you or your timely reponse.  Feb 2021 investment at $0.44 and their selling now at $0.025 . Doesn't make sense to me but soemtimes the mkt. doesn't make sense. Weed secto turned ddown sharly from that EARLY 2021  time rame , look  at Canopy. Somme will come back others won''t , NDVA looks like one that could and from this price itts not a huge risk or a big