I would suggest a number of factors that may assist some recovery in IMP shareholdings. Of course, the main ones centres on the current rationalisation of the Murray Basin area and Ilukas' move on Basin.
Other factors, that may take a little time to become evident are the closing down of OZNETWORKS.COM.AU, which was using cash to operate.
The continued market growth of CATCHA.COM LIMITED which IMP has approximately 13% - should benefit from any Asian recovery in the areas of: Internet, Publishing and Events.
And positive trading operations of a subsidary called INDUSTRIAL MINERALS MARKETING PTY LIMITED [100%]
Just my thoughts and yes I hold
IMP Price at posting:
0.0¢ Sentiment: None Disclosure: Held
