Longshot
This stock is becoming (pardon the expression) a much 'Longer shot'.
By past trading history, the price is low. History will show whether it is now cheap.
The risks for many smaller stocks is their ability to raise funds and provide a positive news flow. This in effect what might be termed 'catastrophic risk'. With so many past failures, it might be very difficult to raise funds in the future. Will the CBA or any lender advance more funds? Will IMS be able to raise new share capital?
Each time I have sought to average down, I have faced lower and lower prices. When I have thought that we have reached what appears to be a turning point we have been faced with lower prices.
Improving economy, improving cash flow. Lets see some convincing numbers.
IMS Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held
