ION iondrive limited
Add to My Watchlist 7.89% ! 4.1¢

advice please

  1. snake13
    929 Posts.
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    03/08/04
    11:26
    Post #: 534289
    Yep, it has most certainly retraced as the very accurate Ridge called.(Well done) It has once again shown up in the Sunday Finance section of the Telegraph, but with a write-up this time...

    "The car parts maker and transport company is entering a high risk stage. With dept levels about to increase substantially, its future earnings growth depends on the successful construction and commissioning of new projects. May need to raise capital". - S Conlan, Macquarie Equities.

    Very well...Ion has already released one new contract for China and has work contracts til 2008(? I think)
    Dividend has been 'guaranteed' at 12 cents/yr for the next 2.

    Is it time to buy more, hold or sell?

    I'm a fan of this mob as a few of you seem to be. I'd appreciate any advice or gut feelings...

    Thanks, once again, in advance.

    Snake13.
    ION Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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