I hope I did not offend you with my pun...no harm intended..sorry if I did.
I have followed Everest from day dont, and yes it is most unfortunate where it has ended....Sure, new appoints might turn it around....but I just dont see it.
Working in the industry for 15 years, I know how hard it is to raise money. The pulling of that institutional mandate I believe is just adding insult to injury.
Regarding my investment in INT, it can not really be compared. The company has never made a profit, but is about to become not only cash flow positive, but massively so. There is no way you can compare the two, as on paper it is just too high a risk profile to even consider. I however am of the opinion that their business is about to become very well known and estalished...whilst still priced for destruction, there is the opportunity to make super-profits.
Lets see where both business are in 12 months shall we?
Best of luck with your investment, hope it allows you to continue 'not working'.
Kiril.
EFG Price at posting:
54.0¢ Sentiment: None Disclosure: Not Held
