And to think I was considering buying back into IRL after previously losing money. I think india will be a growth area in the next 10 years but obviously just because you have the word "India" in your company name it doesn't necessarily mean you will be part of that gain. Yes I agree with other posters... management have made a lot of bad decisions over the years. Whats next? A capital raising. Has Arvindo run out of funds yet?
Does anyone know of an Indian based company with REAL assets and good management? Do tell. Surely IRL is not the ONLY indian based specie on the ASX?
Ofcourse with India, there is corruption rife... just another aspect to consider when investing in india
ALL ABOVE IMHO
IRL Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held
