SDV 0.85% 58.5¢ scidev ltd

net tangible asset-three times the share price, page-8

  1. 6,965 Posts.
    lightbulb Created with Sketch. 58
    Thanks Rob,
    The biggest surprises often come out of "clean" shells like Intec specially with some cash backing.
    Liquidating it will be the worst possible outcome.
    Noticed the share register getting a lot more respectable with the top 20 holding more than 50%.....The placement @ 0.015 was made to Kieran & a few of his mates (as well as the unmarketable parcels).....They surely have a keen vested interest to make things happen......but it does take time for DD.
    I was buying INL prematurely when it was trading at cash backing......Not selling now when it is trading at 50% discount to cash.....In addition to the massive cleanout of the outfit.
    We tend to forget that the old Intec is dead & buried.....I wait to see what emerges from the ashes.

 
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