Investor road show will be a complete waste of managements time if:
a) There is no substantial news to announce prior.
b) Target audience continues to be the retail punter and not new investors i.e. wholesale, institutions or brokers.
Also found it odd that there was no summary provided with the cash flow report. Can still not understand why like many companies IAM waits until the last day (after hours) to submit the quarterly.
Which qtr could IAM post a profit? June, Sept or Dec?
Ann: Appendix 4C - quarterly, page-78
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