executive chairmans letter 17/03, page-3

Certainly looks that way, but has looked that way for 3 months and the stock price has plumbed its lows for the entire period (the underwritten raising wasn't that large). Anyway let's look at the consolidated results tomorrow, and see what other goodies IMP might have been hiding off balance sheet.

There may be a price where they look to raise more equity, but they clearly have other plans to rasie money through asset sales, but a run up to 3 cents would no doubt bring out the share printing press again.

IMP mangement certainly knows how to wee on a party , that nasty timed capital raising, and now the nasty timed suspension from trading. But worth noting management has reasonable positions in this stock. Bruce Mclead has 85 million shares, Hughes has 18 million shares. Kevin Torpey has 27 million shares. So they are as keen as us to see soem price action..

GL