Well said Lachy, the thrust and parry of the posts between Ocka and Robbo were a great bonus to those of us who, like you, have been prepared to give ITE the time and benefit of the doubt and I believe Ocka still has plenty of good points to make on this stock - I must say the point about HIH still being in there gives me great confidence that things will turn around.
I am no Robbo disciple and it was always good to have his enthusiasm (and to give Robbo the benefit of the doubt, I think that was what it was rather than blatant ramping) tempered by good solid arguments from Ocka gave a good overall picture on ITE and the chance for others to make a more educated decision on ITE.
For what it's worth IMO ITE was always going to comeback to the levels of earlier in the year - once their balance sheet started to reflect some of what they have been actively pursuing and I believe that is where the level the next major move will come from but it will still take time - this is not a stock for someone with limited resources or patience - and I still feel the products and fundamentals are good.
Good luck to all and look forward to more constructive posts.
ITE
i.t.& e limited
