SDV 3.09% 50.0¢ scidev ltd

Not an straight forward question to answer as I prior written...

  1. 547 Posts.
    Not an straight forward question to answer as I prior written off losses on INL.

    Current holding 30,000 shares. buy price 15c (1.5c pre consolidation)

    But if you take into account the realised loss I took then my "real" buy price is 83.3c

    The most expensive INL shares I once owned were 23c (or $2.30) post consolidation.

    At one point 300,000 shares (pre consolidation) was quite a decent holding :(

    The scary thing is, that from the tech point of view the company is in a much better position now than it was when I first bought in. However the price was jacked up by Zinc euphoria, and INL started to produce zinc right at the peak and it was downhill from there.

    If you look at the sp before the polymetals deal it was trading at 5c (or 50c post consolidation) This was based IMO purely on the potential of the tech. The shares on issue was around 43 Million (post consolitation). Now the shares on issue are around 5 times that figure, so that would put the share price at that point around 10c dilution adjusted.

    Tony.
 
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