hone agree with all you say and suggest.But to add something...

hone agree with all you say and suggest.

But to add something which I feel is important in holding the share price, and that is the huge influence of the two large shareholders.

One would have thought that the $3.30 Regent bid and valuation at about $4 would have propped the share price but no. I would love to know what value that valuation report put on the ongoing price of IO.

But with the state of shareholding the stock is illiquid. To buy a large holding would be difficult at say $2.50, the SP would rise, but would then probable settle back again and make it difficult to sell those shares. Thanks to the bot trading?

Does anyone trust Regent or CI? By trust, I mean do retail shareholders think either of these heavyweights would consider in a nice way the financial well being of the retailers?

A dividend would be excellent, and that cash in the bank for ever is a waste of the ability of the BCI team.

Pat