IND 0.00% 17.5¢ industrial minerals ltd

Small Sells, page-8

  1. 633 Posts.
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    I am not ignoring further buying, it just means if you continued to buy after that date your losses would just be less. A friend of mine bought at .003 so he is not down 95%. I am sure he is happy with the SP now. It has been nothing but down hill since 2012 so I don't see why you would argue that point.

    This is my point, you still back your opinion though there is nothing, absolutely nothing to suggest that this should be a buy. even Purd said he believes nothing may happen for 6-12 months and negotiations with the chiefs can take years. So that backed with company history how would this be a buy.

    I understand anyone fresh may see the SP price now and believe the only way is up and that it's a good deal.
    I felt exactly the same way 3 years ago. How are we now in a better position now? No Indo drilling, pretty much gave it all away, less cash and what now seems as more delays.

    The incentives to get the company going have been there for years and so far have led to nothing. I believe I am like the Top 20. Expecting a write off as the original investment is pretty much gone or hoping for a lotto win turn around situation. I don't think the Top 20 movement has any credence in this stock anymore at all.

    If I was an investor who put a million in and now have less then 25K in holdings my only reason not to sell are for a future write off or waiting for a miracle. This is how I see this stock. Same odds as winning the lotto for anything to happen
 
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Last
17.5¢
Change
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Mkt cap ! $13.46M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 461 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 5876 1
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Last trade - 16.12pm 06/11/2024 (20 minute delay) ?
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