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1.37% 7.4¢ image resources nl

IMA SP has some serious catching up to do bloody absolute...

  1. Autosime
    20,390 Posts.
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    04/12/20
    15:33
    Post #: 49352404
    IMA SP has some serious catching up to do
    bloody absolute bargain compared to rest of the market
    It will be trading on forward cash flow of about 1.3 years on an EV basis
    that is a complete joke for any resource company let along one with strong cash and great net assets and a reasonable mine life
    The market is bidding up crap and yet what seems to be one of the big steals in the small cap space remains significantly undervalued
    If there is a better risk reward stock i would love to know about it
    IMA Price at posting: 18.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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