At last they are realizing that the grandiose expenditure in the US was a waste of time until they get their local market in order.
Closed the US office - those on the payroll for that exercise obviously achieved bugger all.
One of their objectives is to cut costs - what a revelation!!!
A reckless expansion program was put in place without consolidating the local market.
It now appears they are coming to grips with reality of operating this business.
Ann: IMEXHS Investor Update, page-2
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Last
50.0¢ |
Change
0.020(4.17%) |
Mkt cap ! $22.76M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 50.0¢ | 45.5¢ | $12.35K | 25.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6034 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 9000 | 1 |
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| Last trade - 13.32pm 23/08/2024 (20 minute delay) ? |
| IME (ASX) Chart |