where is the bottom?

I used to think that IPR would be good value at 5c. I thought that at that level the board would realise that they are not good at being Perth based venture capitalists and go back to the core business of IP assertion.

Alas, the company is not pulling out of Nearmap or venture capitalism. They have just about lost all the winnings from the assertion business. More concerning is that if they have another assertion win they will probably throw it down the same hole.

So what vaue is IPR with this strategy? What a disaster.

I expect to see 1.5c within a few months.


bacci