Jackdcm...I bought a position within my Super Fund.And i have...

Jackdcm...I bought a position within my Super Fund.

And i have been trading it as well.

I will stay in it for now, but my SMSF current position is nowhere near my original holding where i was buying all the way down to 18 cents, hence was overweight and uncomfortable with the position.

I would not be surprised if Rockcheck doesn't increase their position or make a move to takeover IDO.

My view as always been that current directors may be using IDO as a short term play and seek a takeover partner.

Why do i think this? Mainly because these directors are also directors of much bigger companies and to me being in IDO would be a distraction, unless there is a worthwhile short term reward.