IFM 1.54% $1.32 infomedia ltd

why the share price retreat, page-5

  1. 30 Posts.
    The reason for the price drop is quite simple. This co. has great fundamentals but basically no earnings growth for 4 years, so has not been a buy for many people. On the 25/10/06 they announced 1st qtr profit had increased 15% approx. on previous financ. year. This was the trigger for me and several others to buy. I bought on that day at 72c and as you know it went up another 20%. They then put out the recent ann. saying full year profit is going to actually drop 10% approx. I sold out immed. as my whole reason for buying in the first place was gone. I am sure many others have done the same. I'm actually surprised the sp has held up where it is. By rights it should retrace back the 70c at least.
 
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$1.32
Change
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$1.30 $1.34 $1.30 $61.37K 46.79K

Buyers (Bids)

No. Vol. Price($)
6 2101 $1.31
 

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Price($) Vol. No.
$1.32 7603 11
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