still way overpriced!!!

Just read the Chairman's report and the news isn't good.

Seems as though much of last years profit was solely attributed to that 1 WA investor who stole and lost $15mil to IAS. Without him, the results would of been substantially different. Chairman has already stated that IAS will incur a LOSS for the first half.

At 94c IAS still looks extremely overpriced based on current fundamentals.

BCL looks like a lot better stock at 65c and at least we all know they are very profitable and will be paying their 1st ever dividend in the 1st quarter next year.