Now I realise that there's for and against such posts but I want to put it out there for a bit of discussion!
I put it out there at no more than a guestimate based on reading IRL posts for the last 6 months including reference to similar stocks also mentioned in IRL posts that IRL will hit 6c on payment of all funds owed to it by HCL and with all Aravalli ducks in a row.
I applaud all recent attempts to get some meaningful conversation going on for this stock. This is my attempt. If you disagree with 6c, what are your thoughts and why... Can anyone offer any supporting information adding weight to a 6c guestimate?
One of the biggest challenges we may very well continue to face investing in equities is the lack of any decent numbers of equity investors in the market at any one time compared to in the past. Most people are sold / offered managed funds these days and don't give investing on the share market directly themselves a second thought. I have had many brokers try to talk me out of investing through them directly in shares on the share market in favour of their managed funds.. which they make more money from (economy's of scale and all). There's not allot of info out there to get people interested in investing directly in shares either, as there are for other investments offerings. We need more numbers buying and selling equities!
IRL Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held