IIF 0.00% 53.5¢ ing industrial fund

Hi Bmac, I think charts on this stock are about as useful as a...

  1. 186 Posts.
    Hi Bmac,
    I think charts on this stock are about as useful as a horse running around upstairs.

    The reason it will have resistance at $1.00 is that the NTA is 96 cents! In the meantime while IIF is reducing debt by asset sales and debt repayment from cashflow, the NTA is changing.

    This will be the only thing we can go on until the distributions are restored or the company is re-rated by margin lenders.

    IMO - DYOR
 
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Currently unlisted public company.

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