IMD imdex limited
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I don't like IMD because much of their equipment is electronic....

  1. hewjet
    827 Posts.
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    25/09/15
    14:28
    Post #: 16061163
    I don't like IMD because much of their equipment is electronic. Electronics can fail on the shelf when not used and has a higher depreciation rate, unlike mechanical equipment which can last decades in mothballs. Increasingly, time impinges their asset position by obsolescence and failure. Investing in IMD assumes a speedy return to good times in mining.
    IMD Price at posting: 19.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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