IPD 0.00% 5.0¢ impedimed limited

Congrats to all holders. I have been in and out of this one for...

  1. 107 Posts.
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    Congrats to all holders. I have been in and out of this one for a couple of years now with a few lucky trades.

    I started building my current position based on market reaction to CEO resignation nearly a year ago. I felt it was an over-reaction & actually a good opportunity to breathe fresh air into the company as opportunities start to materialise.

    My preference would be wait for some re-im wins, and see flow on to demand, and then very quick raise at a premium, perhaps in 3-6 months. Once demand is proven with $$ SP will be much higher.

    What I think they'll mostly need is staff, which isn't an upfront cost; current cash holdings can buffer temporarily if there's an immediate requirement for headcount.

    Still think there's room for more of a run in near-term.

    Good luck legends.
    Last edited by drageur: 21/04/23
 
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