Why why why, page-16

straussy....

To add to 3500 comments...

Don't forget that was the "post GFC wild west" back then... everything on ASX was dirt cheap.... nothing was ever gonna fix up.... so any good news seemed to do OK.

INL had a tiny undiluted market cap..... closer to 0.5 million.... was seemingly a dead duck... yet it was spiking 20%-30% up and down day after day drawing it to the attention of traders.... due to the sub 1 cent prices it traded at.... and massive swings.

"La Jolla" were rumoured to be behind the massive pump on ASX release of the "$5 milion news" that 3500 spoke of.

If I remember right ... you could have bought 1% of the co for $20,000 at the lows.... there was uproar on HC the morning of the release... as it spiked... stopped... slumped... then went on the real run as the news was released.

I was lucky enough to make a very tidy profit from near the lows... but as 3500 says... Mr Phil and what was perceived as mocking of long suffering shareholders at the AGM did the INL sentiment no favours either.

Have not touched it since... but always of interest.

bshl