ITE i.t.& e limited

The $5 million loss for the half year is not a good look,...

  1. Lefevre
    10,123 Posts.
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    31/01/07
    10:17
    Post #: 2152211
    The $5 million loss for the half year is not a good look, however, they do pass it off with deferred revenue to the third quarter.

    The fact they have been approached by a third party regarding a merger bodes well for the share price.

    It is all looking good. There has been a big buyer in the market since last Thursday. More contract wins to come and the prospect of being taken over.
    ITE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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