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72.0¢ intelligent monitoring group limited

Point taken.

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Veritus

106 Posts.

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13/02/19

13:03

Post #: 37423021
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Originally posted by Biscuit4101: ↑

Veritus, any company with a documented strategy of 'consolidation of a fragmented market' (read: roll-up), is going to have a large portion of it's balance sheet in intangibles.

To acquire business' you have to pay for them most of the time, and usually for more than whatever is sitting on their balance sheet. The difference is recorded as an intangible.

So the question worth asking aren't 'how big is the intangible?' but 'how robust was the valuation on purchase?' and 'is the income from this intangible asset sufficiently covering the cost of funding it's purchase?'

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Point taken.

TPS Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 72.0¢		Change -0.025(3.36%)		Mkt cap ! $217.3M

Open	High	Low	Value	Volume
75.5¢	76.0¢	71.0¢	$323.6K	441.1K

Buyers (Bids)

No.	Vol.	Price($)
1	10800	71.5¢

Sellers (Offers)

Price($)	Vol.	No.
72.0¢	21093	2

View Market Depth

No.	Vol.	Price($)
1	10800	0.715
3	15000	0.710
1	8000	0.705
8	42662	0.700
1	14492	0.690

Price($)	Vol.	No.
0.720	21093	2
0.750	1164	1
0.755	20000	1
0.760	30000	1
0.770	3000	1

Last trade - 16.10pm 16/10/2024 (20 minute delay)

IMB (ASX) Chart

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