kudos, page-33

I just can't write essays on INT. Suffice to say I have held on numerous occasions throughout the years and the many that didn't buy in on the rise but bought today is symptomatic of the momentum junkie mentality. Easy money as always to sell into them - this predominantly why and how INT has acted for many a long time always on very high volume. The new Chairman in May signalled some type of change, hoever the issuing of shares to outstanding creditors persist. Pease remember they only had under $700K a few months ago. The cash burn is still horrendous.

Bell Potters can always be a little light handed on these occasions. The good news is that they believe they are purchasing (finally) cash positive companies in a fashionable blue sky area although if you analyse the finer details of Mad Energy - things are never what they seem. For me, their are much better companies than INT to invest in atm without a change to cash flow positive trends in 08/09, however, if you are holding at sub 5c, I would continue to hold and set and forget.