"It is now pretty obvious why Intec Directors and staff have not...

"It is now pretty obvious why Intec Directors and staff have not been buying. Today's announcement pleasantly surprised me and I believe the sale price is a good one under the circumstances. Congratulations to those involved in the negotiations.

With the sale of Hellyer in the wind, the stench of insider trading would have been leveled at Intec if buying had taken place.

What will be the next rabbit and announcement that the Magician will produce?"

Mango, I get the impression your quote above is tongue in cheek ?

At last you are seeing INL management for what they are.Yes they have avoided liquidation for now by giving the plant away, but it is only putting off the inevitable i.m.o.

Directors stay in a job getting overpaid for a bit longer, while shareholders will yet again get nothing.I cannot imagine why INL shareprice is up, I suggest those that want to bail will not get a better price than this.

I can assure you all this is a blip in the never ending downtrend.