re: time to buy is now -looks good to me I'm not privy to the information you have Bond, James Bond, but I do personally like INT. Their issue in recent times has been the lack of money in the bank. Even with recent placements this is still an issue, however, with contracts announced, and the remote technology already installed and working successfully at a site with 700+ meters, they plan on being cash positive for the first time by the end of the year.
If they can successfully handle the growth than this company should perform very well, and based on the above, I think 7c is probably a good price.
There seems to be a large seller today, hopefully when they are finished the stock can climb back up to 8c and beyond. Feel there is limited downside at the moment.
Cheers
- Forums
- ASX - By Stock
- time to buy is now
re: time to buy is now -looks good to me I'm not privy to the...
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online