Don't forget it ran up from 6.5c to 10c ahead of this ann, so needs some level of consolidation now to let early profit takers do their business. The thing that has always held this stock back is a lack of long-term certainty. Today's ann puts much of that concern to bed, it's unlikely we will see sub 10c again anytime soon.
Consolidation followed by a slow steady return to previous levels in the 20c region is my expectation.
IMA Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
