IMB 12.4% 50.0¢ intelligent monitoring group limited

Ann: Earnings Guidance FY19, page-4

  1. 106 Posts.
    lightbulb Created with Sketch. 21
    It's a bit wierd.

    It's a loss, and more debt.

    Moreover, the balance sheet shows a 1 M + surplus , which is great however, it is conditional upon a 29 M asset, listed as "intangible" ...something I cannot see , nor touch .

    Remove that, and you have a shortfall of ~ 27 M.

    I recall a similar arrangement with the Godfrey group - which then by definition gives us a tracking of how the business model will operate ?

    The chase up to 23 c is interesting - some one knows or is playing...
 
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