IOR 0.00% 0.0¢ indiore ltd

Ann: Annual Report to shareholders, page-23

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  1. 4,695 Posts.
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    Considering that this is now 75% of my holdings (mostly due to 1600% increase on 1.4 million shares) then I guess a couple of the losses over the years pales into insignificance. I do admit some bad loses ie. ARI and KBL going into administration did hurt at the time.
    I'll happily name other winners, but I'm not here to cross promote.
    Yes, I note that IOR has gone up, I hope you are all making lots of money.
    Point is, First Samuel are a bunch of clowns for investing in low grade iron ore, especially in India.
    The cost of turning 30% garbage into 58% rubbish is foolish in my book.
 
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