We have such a low SP because the debt has been cleared with share issues leading to dilution as well as MMs and other parties deliberately and maliciously driving the price down. I'd rather invest in a company that is debt free and deal with the dilution through an RS when the time is right.
There seems to be a lot in the pipeline for IFCR in terms of additional revenue through acquisitions, a new website etc etc and I don't think it will be too long before we see a rise in SP.
I'm sorry you've lost out, I guess that the risk we expose ourselves to when we invest in pennies - done the same myself in the past but I am confident about this one....
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