I think we can agree that the share performance of ICP is terrible, and also that management have a terrible track record... well not "terrible" they just dont seem to do very much.
However... does this automatically make this a bad investment.
Do the assets of this company hold any unrecognised earnings potential?
Does the lack of management holdings make this a target for takeover activity?
These are questions I don't know the answer to... but the korean assets must be worth "something" to "someone"
Does anyone have an opinion on what the value of those assets should be?
Further are there any strategies that could be put in place to realise them?
STL Price at posting:
28.5¢ Sentiment: None Disclosure: Not Held