I had not reviewed IPH financials for some time, and was wondering why the share price had taken such a dive. Half year reports - apart from reduced profit had some interesting data (doesn't it always? lol)
Non current liabilities includes: - Borrowings of $500m
Non current assets includes: - intangibles of $999,200,000
The Macquarie presentation shows conceptual AI patent lodging - they seem to be trying to catch QIP's lead on AI driven lodgment of patents - good to see, but seems to be catch up being played.
Any thoughts from other punters? I had been thinking to add some, but am less sure after reading this.
IPH Price at posting:
$6.24 Sentiment: Hold Disclosure: Held
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(20min delay)