Hi mango64,
I found from previous experience with my high exposure risky "investments"that they start to bear fruit in about 6 months.
Before I take a large position ,the risk/reward has to be overwhelmingly in my favour.
INL is trading at an all time historical lows.
It had mc of 2m before the 5m cash from Nippon & all the nagging issues with LJC.
Now it has similar value ( 2m + 4m ),with the added bonus of getting rid of LJC.
So,I am not paying any premium.
As a matter of fact ,if we take the royalty from BSM + whatever cash generated from Zeehan residue,INL is trading at a discount to its "guaranteed" cash backing.
I honestly don't see any downside from current levels.
I will patiently wait for the blue sky "potential" .
Regards.
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Last
42.8¢ |
Change
0.003(0.59%) |
Mkt cap ! $80.19M |
Open | High | Low | Value | Volume |
42.5¢ | 43.5¢ | 42.3¢ | $121.6K | 285.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1200 | 42.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1200 | 0.425 |
2 | 20838 | 0.420 |
1 | 20000 | 0.415 |
3 | 10506 | 0.410 |
2 | 4396 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.430 | 50000 | 1 |
0.435 | 21096 | 1 |
0.440 | 98014 | 2 |
0.450 | 153782 | 4 |
0.465 | 10000 | 1 |
Last trade - 14.37pm 09/07/2024 (20 minute delay) ? |
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