IMA 0.68% 7.4¢ image resources nl

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  1. 20,391 Posts.
    lightbulb Created with Sketch. 1990
    the market is often wrong
    was the market right when it fell to 4800 and most small stocks dropped 50-80%
    was the market right when it sold down ATP to 9 dollars a few months back or pushed the AUD to 57c
    ima will rerate with time and my guess is it will take people by surprise. I think the Divi commenced will do it as it will become investable to many more instos with income mandates
    ifs a simple business , with simple mining operations and one of the easiest stocks to value . Two brokers have 30c plus targets and that I believe is closer to where we should be . At least 24-25
 
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