good report but, page-9

re: getting smashed this might explain it together with the fact that i believe the market was expecting more qualitative infomaton regarding business growth progress and opportunities..

the recent share placement at ridiculously discounted prices has been the catalyst for its recent share price performance but not for long when contracts are announced in the coming months.


MARKET TALK: IBA Net Pft A$15.3M Beats Guidance 30/08/06 09:21:00+

0921 [Dow Jones] IBA Health (IBA.AU) books a 5.6% rise in FY06 net profit to
A$15.3 million, above the company's May guidance of A$14 million-A$15 million.
Reconfirms FY07 guidance for net profit of A$23 million-A$24 million. Result
looks good but bullish expectations may be priced in - stock up 18% since the
start of the month, last trade 91 cents. Macquarie Research and ABN AMRO were
already above the company net profit guidance looking for A$16.8 million and
A$16.9 million, respectively, according to Thomson Financial. (SVM)