Cheapskate,From what you say you would be better off selling now...

  1. 1,377 Posts.
    Cheapskate,

    From what you say you would be better off selling now particularly as you believe the companies true worth is 4c per share. However, you still hold so you must be hanging out for more than the current share price. An anomalous position I must say. I on the other hand expect the company to make good its past committment on distribution of revenues/profits, so am expecting a dividend of at least 4c. The next general meeting will be very interesting and I am sure many parties will be attending, given the nice cash pie Ipernica holds. Your suggestion on investing in BHP is ludicrous. If IPR wants to become an investment holding company, it can do so after it hands over its existing cash back to investors and changes its company strategy. I will invest my own money and not have IPR do it for me. Ipernica is currently in the best position it has ever been in and I expect improvement from here on

    Cheers
    SAV
 
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