A1M 0.00% 29.5¢ aic mines limited

Shak, I agree that this company is undervalued. A decent...

  1. 196 Posts.
    Shak, I agree that this company is undervalued. A decent management team could extract some value from Indonesia and the company (currently) has $118m of cash. But my fear is (a) this management team will continue the keystone cops impression in trying to secure the position in Indnoesia and (b) the cash will be p....ed against the wall (I think $20m went in the last few months). Let's hope the institutional sharehilders take action before all value is gone.
 
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