Coming up to 2 weeks since the announcement of 24/11 BOOM2...

Coming up to 2 weeks since the announcement of 24/11 BOOM2 development update. As noted in one of my earlier posts this is just about the first announcement from Intiger in all of 2017 where the share price has not reacted adversely. Price has held from 1.0c to close out at 1.3c today having touched 1.5c.

I couldn’t make it to the AGM but am very heartened to hear that IAM may have found a way around the disclosure issue (thanks @ciroc 29267675 and @Glyco 29296610 @bcjk3 29324036, including a great post from @GravyTrain01 29261297). It’s possibly one of the reasons Tony Chong was brought in “..In addition to being a lawyer with specialist knowledge in corporate law and in tax, he brings his extensive knowledge in governance and commercial experience to the Board, having been a board member and chair of ASX listed, private and non-profit companies. He is also a chartered tax adviser and a fellow of the CPA. He has strong interest in the technology sector and has extensive experience working and advising on businesses in Asia.”

Anyway it appears that IAM has started an uptrend – let’s see how it plays out. I’m really eager to hear details about BOOM2 and the pilots as they were rolled out last week if things went to plan. Intiger Managing Director Mark Fisher said, “Existing and potential practice and licensee clients have been engaged with Intiger in testing BOOM2 over the last two months. The first release of BOOM2 with selected clients is scheduled for the week commencing 27th November with a phased rollout occurring thereafter & on a client-by-client basis.”

It’s probably still too early to call but there does seem to be some confidence returning to the IAM stable but we need a lot more volume for my liking and a good if not great follow-up announcement from Intiger.

Holding tight! Henry