valuation, page-70

I posted a few weeks back when the JV with JRV was off that INL SP would suffer ..................it has and will continue down to 9,10,11c imo before it bottoms out.

Main problem with INL , your buying into a stock that uses their own funds to punt (yes gamble) on other companies in the hope of taking them over, this shouldn't be their main focus as the gamble rarely come through.. You may as well invest in a managed fund, thats basically what shareholders have bought, just a few directors using funds to play the stock market, simple as that.