IPP 0.00% $3.98 iproperty group limited

Ann: 4C - Another record quarter of cashflow, page-7

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  1. 1,774 Posts.
    Westwind good point, but that's too hard. Much easier to grow revenue by spending big and if they need more cash they'll just tap the market. This is why holding a stock which is barely profitable at a p/e of 100-200 is playing with fire. Those broker targets too, have they got time frames on them? Yes they may get there one day but there's a thing called opportunity cost too, and with further cap raisings it's definitely not going to be raising at or hitting those price levels anytime soon.
 
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