They are reviewing opportunities outside of O&G as they have been hopeless failures at it for over a decade.
SP since Mar 15 has only gone down
SP since Sept 15 has only gone down
SP since Dec 15 has only gone down
They were "diligent" when buying land in Indo only to give it all away
They were "diligent" in Alberta to only give it away
I am so glad they the keep being diligent
Populist view seeing SP dropping since 2012 with broken promises, lack of communication, no strategy or foresight, and waning cash reserves seem to be spot on this time.
Company is not attractive as ALL it is has is an ever decreasing bank account, with traders ramping stock to make short term gains just to be lost a week later. Diagram to ---> proves this. Company with an extremely poor track record of communication is not attractive. Company with a poor track record of accomplishing nothing in a decade is not attractive.
This is what keeps any any investor away who does theire due diligence on this company.
Anyone please prove me wrong in regards to this company having anything but a bank account, and company staff to busy doing other projects to even bother listing IND on the social media resume.
Of course all only in my opinion!!!!
IND Price at posting:
1.1¢ Sentiment: None Disclosure: Held
