@crazydave Would love to understand your reseach analysis on why you think ICI is such a good buy. You tend to 'hype up' ICI but im yet to see any evidence to support your position. Yes, they have some money in the bank (they have done a fair bit of capital raising) but that doesnt warrant a buy. ICI is still trading at a P/E ratio of 700. Unfortunately I can see this sitting back at 0.020 soon. Management havnt done anything wrong, I just think thats its fair value. I really hope Im wrong and ICI make us all rich but I dont see it happening this yr.
ICI Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held
