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u/Davidina101 · Reddit — r/ASX_Bets · January 09, 2026 at 11:33 · ⬆ 5 pts  | View on Reddit ↗
AI Summary

Original Reddit comment

Author sold IVR after learning the mine is 4-5 years away and expects a pullback after a 20% one-day gain on no news.

IVR.AX — AVOID The author sold IVR after the managing director told him the company would not be a mine for 4-5 years. He expects a pullback after the stock rose 20% in one day on no news and may sell another 10%. The view is that the near-term move is overextended and the company lacks a near-term production catalyst.

But yeah might put a 10% sell tbh I expect a pullback after 20% in a day on no news.

Score 5
Full Post Text
Ideas
u/Davidina101 Reddit r/ASX_Bets
IVR overextended after 20% daily gain; mine years away.
The author sold IVR after the managing director told him the company would not be a mine for 4-5 years. He expects a pullback after the stock rose 20% in one day on no news and may sell another 10%. The view is that the near-term move is overextended and the company lacks a near-term production catalyst.
More from Reddit — r/ASX_Bets

This Reddit post, published January 09, 2026, features u/Davidina101 discussing IVR.AX. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/Davidina101  · Tickers: IVR.AX