top 20, page-26

You are a welcome addition PC. You won't talk sense to that poster as you have discovered. I tried many times but he doesn't read reports nor understands them and doesn't have knowledge of tax loss carry over laws. He wants to rant about days of Nuenco while completely ignoring the company became a new identity in Quest via reverse takeover before renaming into Indus. Briefly Quest and Indonesia was a disaster, and Indus pulled out of Oil Sands in Canada as the oil price began to tank. Could of ended with nothing on two occasions but the Directors have cut everything pending a new project. Risk gets lost with some. Indonesia needs explaining, but most except a precious few understand the oil price tanking was not predicted by many experts around the world. But according to a couple here little ol penny dreadful Indus should have seen what many multi national companies didn't.
Anyway as you rightly point out some can see the opportunity that currently exists.
The Top 20 has seen new entrants and some consolidation which backs up part of the theory.
While the whinger persists at how bad the company is, he won't sell as when it comes to backing he posts he is not quite sure…….ha ha.
The market is crap at the moment but hopefully Management can get hold of a good project. It is then the tight share registry could surprise a few.
Also PC there is an Ignore function in HC that filters out the rubbish which is handy at times.
Good luck to you