I don't think that 215 mill shares is all that many but I guess it's how you look at it. They didn't have a good first six months to the financial year but they are making some noises in the right direction of late. If you read their last few announcements something is going to break sooner or later they are building some interesting products. The latest announcement was a curious one they are going to supply something for nothing to CBA unless it was in the original contract which I would assume that it was. You aren't serious when you said you had them at 30 odd and didn't sell when they went to 1.40 mate I would call that greed or stupid. I guess it's easy to get caught in the hype. I have a few so I guess I have a one eyed view
IHG Price at posting:
0.0¢ Sentiment: None Disclosure: Held