I'm in Melbourne so can't attend this evenings presentation. However, IAM have very clearly stated two immediate market sensitive objectives:
2 more MOU's to be signed within 4 months (one in this quarter alone) and Sentry on board (post trials).
Now my 4.5c worth is its one of the banks wealth divisions that's signing this qtr. Banks are constantly looking at technology to further enhance their brand and IAM as a business partner seems the right fit to me. Would really like to see some broker research reports on the back of this information. Who is going to be the first broker covering IAM?
The market is always forward looking on most occasions its factoring earnings growth (revenues) 2-3 years ahead. Comes down to what is a realistic current market cap factoring earnings in (2018-2019)???
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