Happy to purchase your parcel off market for .005 if you want :)
I wouldn't get too hung up on the 0.005, from memory it was about 21000 shares at 8 mintues before close and it looked like it was just someone closing out their sell order at market.
Look at the volumes in the last 5 trading days, three tenths of f all. Some days only 10-20k.
You might also recall the last 2 weeks have not been particulary great on world markets. I for one am geared so if I had an LVR problem IMP would go as it has no LVR, that could explain some of the downward trend of the past 2 weeks.
I for one am acutally in a favour of colsolidation as it will removed the 16% swings we have at the moment, and we all know perception in reality - so a 10c,20c or 50c stock is seen as less risky than a .006 stock.
I was pretty dark at one stage with the company, but put in a phone call a while back, which I suggested others also do.
After that conversation I was pretty happy again, and when the quarterly came out it backed up the conversation nicely.
Don't get too focused on EPS is all I can say.
The end game is scale for a US listing or sale, that is where the money will be made.
Saying all that I look forward to pulling apart the annual when it comes out.
IMP Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held
