IND 0.00% 17.5¢ industrial minerals ltd

makka would you consider this purchase as being one on good...

  1. 633 Posts.
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    makka would you consider this purchase as being one on good faith?

    As in hoping for a future return on investment based on a possibility of finally something good happening for this company.

    The reason I say faith is in "a strong belief or trust" that this team is capable of making money for our ROI.

    As I see it now the company has nothing of value, except for cash, and reports of future deals which we as a collective know nothing about. So we are expected to also have faith in this company. Even ignoring the past decade of results, how do we justify as a collective of investing in this company given just the last 12 months of results?

    I too as everyone hope we get bought by a techie or someone who sees some sort of value.

    As Bukka said I hold because I see a possibility. This is not true, not having a go at Bukka, but myself and my colleagues who bought in are down 99% 100k -> 1k. We don't hold for the sake of potential, we hope to recoup more of in form of a miracle occuring. The only reason we haven't sold is we don't need the tax right off just yet.

    Now the SP has tanked (again) who else here has hope for a come back. I am all for come backs but would like an honest opinion from posters here who think we could reached the lofty height of 12c with this stock (which would just get us back to the baseline)
 
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