Another day - another 52 wk low., page-11

So low of ~ AUD 8c last night.

As it stands IGAS is a loss making company which is acquiring other loss making companies to be become a bigger loss making company while also becoming smaller in terms of what it is worth in market cap. All the while as it develops a business that will be producing something at a cost above what the market will pay for it as it stands.

When all is said and done it is the maths that counts. It's not gone the way I had hoped I am getting close to a cash loss (and am no doubt in loss when opportunity cost is considered).

Time to take it to the knackery.