IRL 0.00% 0.0¢ india resources limited

This dog of a stock is back at 1 cent again. Still no news, but...

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  1. 4,695 Posts.
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    This dog of a stock is back at 1 cent again.

    Still no news, but I'm sure that IRL directors are at the trough sucking up shareholder funds like a vacuum cleaner.
    I'd bet they're enjoying the fact that IRL shareholders still believe the garbage they sprout about India and all those wonderful opportunities , thereby making sure that they'll still be feeding at the same trough this time next year.
    Another financial year has almost passed and no project has been confirmed.
    Look forward to tax loss selling over the next week. We may even see 0.008 cents.
    I'm sure Arvind will still get his $500,000 pa. salary plus all those bonuses and performance rights.
    Won't be long and Arvind's pa. salary will be more than IRL's market cap.
 
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