IMP imperial corporation limited

Surprisngly the gas price has lept over the last week.Given the...

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    Surprisngly the gas price has lept over the last week.

    Given the low cost of that debt, I hope they continue to prudently pick up cash flow positive bargains.

    This is definitely one to hold. They want to list in North America eventually, and will want a vehicle with $300m of equity, not the current $14 m of equity (Enterprise value of $50m).

    Having said that it would be nice if they strengthened their board, management etc, I mean who has actually been managing the intergration of operations? etc etc

    GL

 
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