IOV - A NEW START FOR THE PHOENIX

with results due on 10 Jan, my guess is we will see some T-10s appearing (and that's without Clock's encouragement!).

many December spread positions closed out today - may have been a reason for MMs to mark down.

the chart is in an interesting position...the trend over the past 6 weeks appears to be increasingly squeezed in an upwards direction, but a hold and bounce above 24.5 is important from here. And the 26p ceiling has proved elusive to break through. A close above 26p will be an important marker.

i'm hopeful of at least 2 bits of good news by end jan. For thouse who have spare cash, pick up stock under 25p in my humble opinion.