happy that you are happy :)My concern about IMP is still...

happy that you are happy :)

My concern about IMP is still liquidity. This stock is under the radar of most funds (for some reason macq doesn't cover it - whats up with that?); management has a history of delivering lousy returns to shareholders and paying themselves handsomely.

The price is significantly undervalued (1PV10 > 200M with 73M debt should have a market cap of at least 100M conservatively) - however unless BM and crew get their act together and get broker cover - the price and liquidity to sustain it will not appear.

I was hoping a capital raising would have resulted in better broker cover. Even sharing a timeline to North A. listing or dividends would be helpful - right now there are just one line promises. Can someone with significant shareholding (Mr Muzz?) ask BM at the meeting on the 23rd and give us minors some hope?

s