Please enlighten me !
30 M net profits for IAM ?
Do you realise that you said profits not turnover ?
500 Mil Performance shares are going to hit the market.
Good luck defending against that massive dilution.
Fundies are always watching.They are watching all the stock.
That's their job.
105 M mcap.
People think this is a sustainable business.
They should compare it to the likes of NEA which is a sustainable business.
NEA has 230 M mcap.
IAM approx 1/2 of NEA.
Yet IAM's revenue is lower than what a senior engineer gets paid at NEA.
Infact I bet NEA's food bill for the year would be bigger than the revenue they generated.
This has to be the biggest and most entertaining comment and if that came from one of the management then you should run as fast as you can. Away from this stock.
MOU2 and MOU3, page-12
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