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.
DTE Price at posting:
13.0¢ Sentiment: None Disclosure: Held
