IMO it would have to be in regards to the Metals Recycling Project (MRP) 'substantial pre financing announcement' that was due last month.
I'm telling you now that if there is anything remotely positive about the MRP this stock will bounce back very hard.
With INL at 1c the market is clearly stating that there is no MRP so you are only worth the cash at bank plus assets. There would be many waiting for this announcement before deciding to get back onto Intecs share register.
There clearly hasn't been any panic from the major holders in INL it’s only the retail Muppets who have jumped over themselves to get out at massive losses.
Exciting week ahead then for INL shareholders. My sentiment is back to a BUY.
Regards
intec metals recycling project mrp
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Last
37.0¢ |
Change
-0.015(3.90%) |
Mkt cap ! $70.22M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.0¢ | 37.0¢ | $21.75K | 57.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 82746 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 13777 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SDV (ASX) Chart |