IXR 11.1% 1.0¢ ionic rare earths limited

Ann: Trading Halt, page-3

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  1. 1,502 Posts.
    lightbulb Created with Sketch. 25
    That last announcement "Major Increase to Globally Significant Rare Earth Resource" now appears to be transparently cynical.
    Such a hollow say nothing announcement.
    It was basically a feeble attempt to ramp prices pre capital raising.
    It doesn't show a great deal of respect for the intellect of their shareholders.

    I'm still in for now, but now know not to put too much stock in future announcements.
    I would have liked to have more respect for management, but they are not engendering much with that sort of crass exercise.
    Turns out they put out fluff like any other struggling outfit. Too bad, it gives them away.
    At least we now know what we're dealing with here. Let's see if they can improve.
 
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