Monark if you knew the true state of their ITC arm you might reconsider your confidence. All the WA staff from ITC except one will be laid off by October this year. The MIS outfits are hurting and investors will be the last ones to find out. No ponzi scheme in history has ever ended in a front page story that is good news for investors. Any that own land have some security to back their investments up but those who have leased are in a world of pain as the only real significant growth has been in land values in some of these investments (MIS). The Kununnarra sandalwood industry is a disaster waiting to happen. Heartwood percentages are dismal in some of the 14 year old trials, santanol oil percentages are below investor expectations. Good luck!
FCL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)