IFM 2.81% $1.65 infomedia ltd

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    extract from Under The radar...

    So which stock do we think will be another Tassal?

    There are many potentials out there – we cover more than 90 stocks – but one whose shares are on the up and has so far returned subscribers 35 per cent is Infomedia (IFM). The company is one of three leading publishers of car parts and prices, servicing dealer networks around the world. It is mission critical for auto-dealers to have its electronic parts catalogue (EPC) on hand.

    There have been a number of institutions popping up on its share register – Perpetual, Celeste Funds Management, Macquarie Group and Colonial/CommBank – in the wake of the retirement and sell-down of founder and executive chairman Richard Graham.

    Graham sold his 102.5 million shares (just over a third of the company) to institutional investors in late August and will remain as chairman.

    Moreover, it is this trend that investors in small caps are looking for: to spot something that isn't held at the big end of town and then for returns to grow as it becomes evident to the institutions that the company can make them big money. Graham's exit is allowing this to happen.

    http://www.theage.com.au/money/investing/nothing-fishy-about-undertheradar-stocks-20131021-2vvye.html
 
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Last
$1.65
Change
0.045(2.81%)
Mkt cap ! $618.1M
Open High Low Value Volume
$1.61 $1.66 $1.58 $280.9K 172.7K

Buyers (Bids)

No. Vol. Price($)
1 1852 $1.63
 

Sellers (Offers)

Price($) Vol. No.
$1.65 6240 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
IFM (ASX) Chart
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