ICQ 0.00% 53.0¢ icar asia limited

Population may be much higher in numbers but asset prices are...

  1. 10,437 Posts.
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    Population may be much higher in numbers but asset prices are ten or 4 times times cheaper than in Australia so whilst id agree the growth should be excellent the transactions might need to be equal to 10 times or 4 times more in numbers to give us an equal return such as achieved by REA turnover while operating in Australia surely. I took the plunge a few days ago as a pure spec realising that this company may keep having Cash Raisings as it attempts to grow without borrowing money from banks. This policy my have affect of suppressing the sp from time to time until they start showing real profits. All my own opinion. DYOR
 
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