It is a fact that INL has very bad history & has destroyed massive wealth ( it must be the Tassie curse that BSM didn't escape either)
It was a money munching machine.
Earlier holders before the 10:1 consolidation were wiped out....With a little help from a parasite called La Jolla Cove.
This is past tense , but it will always leave a bad taste to those that are still holding from the glory days.
The current board made every effort to sever the ties to the old Intec....A few remnants still exist ( BSM holding & royalties , IIP royalties ,Zeehan Zinc slag dump....Small assets that could be monetized)
It now has a real business (albeit small) & resonable asset base.
There is evidence of cost cutting (INL hasn't raised cash since 2012)
SciDev may be profitable , but "corporate" INL is not.....It is still cash flow negative & running at a loss.
I must add that the market is taking notice of this dog....Up 150% from the low of 0.006 a few months ago....It is among the recent outperformers.....A very admirable effort from a so much hated outfit.
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Last
61.0¢ |
Change
0.010(1.67%) |
Mkt cap ! $105.3M |
Open | High | Low | Value | Volume |
59.0¢ | 61.0¢ | 59.0¢ | $164.0K | 271.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 60.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.0¢ | 10394 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 175000 | 0.060 |
1 | 75000 | 0.055 |
1 | 250000 | 0.051 |
1 | 200000 | 0.050 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 150000 | 1 |
0.082 | 50000 | 1 |
0.085 | 50000 | 1 |
0.089 | 128572 | 1 |
0.090 | 283197 | 2 |
Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
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