I usually steer away from cheap stocks ,strauss.
This was my mistake with TWT....Huge ,nearly 90% discount to its TANGIBLE assets (factory & cash).
I have written this one off.
To give you some background about INL:
Keiran Rodgers (CEO) took the helm in 2012 after ousting Phillip Wood.
He recapitalized the company together with 5 of his mates to the tune of $1.5m (each had just under 5% at a price of 1.5c)....These VCs are still down 30%.
3 of those (including Rodgers) have increased their holdings since....Either on market or the buyback of unmarketable parcels that they acquired at 0.008.
There have been major changes & cost cutting since KR took control....7 heavyweight directors & senior managers were let loose.
The company was run by 2 directors ( after ousting James Bell)
Dan Cronin was brought in recently to drive SciDev growth....He is an ex BASF man with long experience in the chemical industry & good contacts that was perhaps behind the cooperation deal with Alpha Laval....Check out Alpha Laval.....Far from a minnow.
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Last
58.5¢ |
Change
-0.005(0.85%) |
Mkt cap ! $105.3M |
Open | High | Low | Value | Volume |
60.5¢ | 60.5¢ | 58.5¢ | $29.39K | 49.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 128413 | 58.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
59.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 175000 | 0.060 |
1 | 75000 | 0.055 |
1 | 250000 | 0.051 |
1 | 200000 | 0.050 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 150000 | 1 |
0.082 | 50000 | 1 |
0.085 | 50000 | 1 |
0.089 | 128572 | 1 |
0.090 | 283197 | 2 |
Last trade - 12.22pm 04/12/2024 (20 minute delay) ? |
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