SDV 3.36% 57.5¢ scidev ltd

one of the last to take up the rights., page-2

  1. 177 Posts.
    Well rfgoo1
    Thank you for asking
    At this time in the financial cycle, I only hold shares in two company’s one of which is Intec
    I now hold a combination of 800k fp and opt
    My first purchase of 20k was in late 06@ 0.26 that’s where the disease first started and I have been dissecting them ever since. My cost average is now down to 0.08 inc the oppies, so I have been trading them
    Two yrs ago we were all discussing the merits of this company on asf, until many lost intrest {can’t blame them really many have been burned on this one ]
    Now to your Question
    I thought these were good buy at 0.17 a cheap at 0.14 and a bargain at 0.12 back the truck up at 0.08 then the rights issue.
    Now at this price, unless inl goes out the back door, it’s a multibagger.
    You just have to consider your risk versus your potential reward factor [ it’s huge]
    As for the company future, I’m backing Management on this one.
    Progress has been slow of late but steady
    While many things have been against them, remember the wheel turns
    The next choice is to back them now, or wait for the updates were expecting and pay double.
    Ps I think PW thinks there process works
 
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