IMA 0.00% 7.7¢ image resources nl

Well, I like the greater certainty that now exists. Sure, Atlas...

  1. 4,264 Posts.
    lightbulb Created with Sketch. 356
    Well, I like the greater certainty that now exists. Sure, Atlas has much less reserves due mainly to deleting the problematic northern region. But whose to say that negotiations down the track might bring this portion back online.
    so, we’ve got 30 months of Atlas in front of us commencing in Q4 of 2023. This would have been a concern before our package of recent purchases.
    2023 will be a lean year for IMA, BUT 2024 should be a cracker.
    I am sure Patrick and co have already adjusted the calendar to accommodate this new appraisal and will be looking as best as possible to establish continuity of profits and cash flow over the next five or so calendar years.
    However I am not sure dividends will be robust until perhaps 2h 2024. But I would expect them to dribble something out to keep the faithful, faithful.
 
watchlist Created with Sketch. Add IMA (ASX) to my watchlist
(20min delay)
Last
7.7¢
Change
0.000(0.00%)
Mkt cap ! $86.47M
Open High Low Value Volume
7.8¢ 7.8¢ 7.7¢ $17.00K 219.5K

Buyers (Bids)

No. Vol. Price($)
2 95655 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.8¢ 49941 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
IMA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.