ION 0.00% 0.9¢ iondrive limited

going no where

  1. 261 Posts.
    This company is going nowere they have a small sub 100000oz au resourse and not much else.
    There MD is silent, and significantly overpaid.
    There future is un clear, and mostly unspecified.
    Incompitance abounds and corporate investors have long since left.
    Expecting a miricale? Don't hold your breath.
    SAU is just another wantabe company on the ASX where the directors are over paid and there primary goal is to milk the sml inversor dry with the promise of pipe dreams.
    These type of companies are every where on the asx and finding the good ones gets harder day by day.
    I sold out and copped the loss as i can see no reason to through good money after bad, besides if sau was that good, at this price predators would be lining up to grab a bargin and thats just not happening.
    My advice only Run Run away.
 
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