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20/08/24
09:44
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Originally posted by Grogger:
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You're right its not just about revenue or market cap, but fundamentals is about what can be relied upon. Currently there is nothing IHL has in the pipeline that can be relied upon right now. You cannot rely on ideas, patents and trials. That post at 17c is me responding to a happy clapper saying the bottom is basically in because of IHL's "fundamentals". They clearly aren't fundamentals if the stock has very consistently decreased 90% in value over that time. You want to say there is enough speculative potential there for a punt? Go for it. Sprouting Warren Buffet quotes and fundamentals as if IHL has a single tangible asset right now other than cash in the bank is an absolute crock. It's honestly disgusting, but no one here has less shame than kingkev so it's not surprising obviously.
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You cannot rely on ideas, patents and trials. Buying shares is a forward looking exercise.............trials results out of OZ looked rather good to me............why would I not rely on results coming out of US etc being just as good?