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IPT possible 100 bagger?, page-663

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Imarugbyhooker

431 Posts.

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04/09/21

20:07

Post #: 55836866
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Originally posted by WatchNact: ↑

Hi all, it's been a while since I posted here, but felt I should come back now that twelve months have passed since this thread started.

The market hasn't been kind to IPT for fairly self explanatory reasons, and unfortunately as shares dilute after years of promising exploration I can't see that changing. In my view only a big drill intercept will change the course of this company, but given the absence of such a thing for more than a decade, and the expense involved, I can't see it happening. Further, raising funds is going to be increasingly challenging and cause further dilution. There are already more than 2 billion shares on issue, and given the chart over the last 12 months.... enough said.

Thankfully, the share picking across the holders was more promising than our collective holdings in other speculative shares, proving that no one person is smarter than all of us.

This experiment has displayed the ability of retail holders to out perform every super fund in the country. Out of interest, I've conducted this same experiment on another share I own and that portfolio is up almost 20% for the year.

I wish you all the best with your holdings - @PovertyBoy - you are the stand out winner, although a special mention to @Icebluedenim with two picks going over 100% and also picking the worst performer!!!

If ever there was an argument for diversification of your portfolio - there it is before you.

Finally - if ever there was a demonstration of why going long is better than going short, there it is again.

Happy investing all!!

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Love your post mate, but Rog is at 0.009. not 0.001
A healthy return from my original postion. Still, I agree with the sentiment, although my personal potfolio for of ENA, IPT, NOX, ROG, TNT, and VMS isnt looking as healthy

IPT Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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Add IPT (ASX) to my watchlist

(20min delay)
Last 1.5¢		Change 0.000(0.00%)		Mkt cap ! $45.89M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.4¢	$32.29K	2.196M

Buyers (Bids)

No.	Vol.	Price($)
11	4062423	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	2566128	2

View Market Depth

No.	Vol.	Price($)
11	4062423	0.014
11	6417114	0.013
15	3520774	0.012
6	1091548	0.011
7	725250	0.010

Price($)	Vol.	No.
0.015	2566128	2
0.016	312872	2
0.017	4792675	7
0.018	2729876	4
0.019	2292034	7

Last trade - 15.31pm 28/06/2024 (20 minute delay)

IPT (ASX) Chart

IPT possible 100 bagger?, page-663

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IPT possible 100 bagger?, page-663

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Buyers (Bids)

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