Hi Largeraj, Brendan isn't there for his good health and has invested a big chunk of his hard earned to get this puppy flying again.
I had a very good chat to him at the AGM last year and he has made a stack of coin by backing small companies like IMS with lots of upside potential and he knows a winner when he sees one.
The reason I invested in IMS MBE (now IMS) was due to their ability to swiftly reach massive global markets with very targeted marketing campaigns primarily run from Sydney with low overheads.
They just need to scale this up so their Sydney fixed overheads become a much smaller % of their turnover and the EPS will rise big time and so will the SP.
Lets hope whoever takes over can bring it back to its glory days.
IMS Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
