IMB 2.83% 54.5¢ intelligent monitoring group limited

Ann: Earnings Guidance FY19, page-9

  1. 89 Posts.
    lightbulb Created with Sketch. 9
    I reckon the result of this halt is going to be the announcement of a massive acquisition.

    Will be interesting to see how they fund it. Market won't like getting diluted through cap raise (especially after $1m placement in Jan).

    First Samuel took the placement at $0.21. Might have been to plug a hole in cash flow until this acquisition could go through.  
 
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