IDO 0.00% 0.3¢ indo mines limited

ronraine, I have been holding this stock for ages in my S/F and...

  1. 52 Posts.
    ronraine, I have been holding this stock for ages in my S/F and foolishly didn't sell when it was over $ 1. I treated it like a success story to provide dividends in years to come. Unfortunately a change in the political situation in Indonesia and export requirements altered the whole ballgame and forced the Board to reassess it's strategy and protect it's cash. I still believe in a strong recovery with the new approach and pick up any loose change on the market. Look at previous reports , take note of the local involvement and pick up any shares dropped by impatient investors . But do your own research. I am not a gambler, but see this stock back to 0.50 by the end of the year. Good luck.
 
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