SDV 0.85% 58.5¢ scidev ltd

3500.We agree on some things. "What we have now is a shell with...

  1. 748 Posts.
    3500.
    We agree on some things. "What we have now is a shell with a bit of cash & some other minor assets.....It has slimmed down to bare bones". The bit of cash slowly being eroded in salaries. What I can't get my head around is the "We wait for a scrip based acquisition of a good (but cash strapped) business." What sort of business pray tell do you envision. And where would one expect the funding to come from? Don't tell me we'd have another cap raising even further diluting the SP for the hope of something substantialin the future. No, I think we've been there before with Mayfield in Newcastle. Your comment " .....I am afraid the "mighty" Intec is long dead & buried." Just about sums up my feelings in one. As Rskiff said, better to jusy fold up completely and pay out what ever remains to suckered shareholders. The only recent winners may have been those that had their shares sold for them under the unmarketable parcel scheme.




 
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