IMD 1.80% $2.18 imdex limited

$1.21 looks cheap, but is it a bear trap?

  1. DSD
    15,766 Posts.
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    My buy order at $1.21 triggered about an hour ago. IA director bought at $1.32 and again at $1.26. IMO IMD looks cheap and assuming a 8c ffr div for FY13 is now a decent dividend payer as well. Anyone else buying? Or is sector facing another crash like late 2008. Look at NWH today!! i considered entering but decided to stick with IMD.
 
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$2.18
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-0.040(1.80%)
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$2.26 $2.26 $2.14 $1.242M 568.3K

Buyers (Bids)

No. Vol. Price($)
7 25643 $2.18
 

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Price($) Vol. No.
$2.19 653 1
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