Further research with IBA reveals more reason to buy under 20c. Not only has Chairman Director recently purchased 3 mill pending end of year results on 28th Aug and Investor Presentation on 29th, which will make these hit mid 20's next week. but.....
There is further info to be released in relation to developments(merger) with their UK distributor (Isoft & Torex). A director had to resign from IBA recently as he is also involved in merger talks to prevent a conflict of interest.
Big news coming at investor presentation I believe re merger and increase in business. Macquarie Bank also a BIG substantial shareholder. Like this one. Do your own research please however at website and office.
IBA Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
