What instos? Do you mean La Jolla? There are no insto's in IRL, they're not that stupid. Every shareholder has had a 'gutfull' of these clowns.
IRL Management don't even tell us what is happening with the go and no-go zones. In fact I doubt whether these clowns actually know themselves. When was the last time Andrew Simpson visited India? He'd want to fly first class and stay in 5 star hotels, so I'd doubt whether IRL has enough money in the bank to support his lavish level of comfort. Andrew Simpson is a disaster as a Chairman for TTY, and he's a "*****" as far as IRL is concerned. Ask Arvind, how long ago did any director go to India and see what's happening on the ground.
It's time to sack all these idiots.
The best idea is for every shareholder to vote NO to this latest placement and send these clowns a message. Even Juliar would do a better job, and that's really stretching it.
IRL Price at posting:
1.3¢ Sentiment: Sell Disclosure: Held