With today's poor showing, INL need a positive announcement. Securing a major shareholder would be the biggest (and IMO best) news, but also the quarterly report with lots of $ in the right places would not go astray.
The price of zinc has not had an effect on the share price except negatively, so it seems that to regain some confidence shareholders need to hear some good company news. I've noticed now that there are a lot less posts on here of current shareholders "topping up", like there were when the SP was at 20 then 18c. 16c appears to be the last line of support, and if it breaks I can't see the SP stopping its southerly journey until 12c and beyond.
I still have faith that this company is going to be quality in the mid-long term future. Just now it looks as though you should not touch it with a 40 foot pole.
I hold, just.
inl need a positive announcement
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $92.05M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 47.3¢ | $580.0K | 1.193M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 155 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 20993 | 3 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| SDV (ASX) Chart |