JJP400 I'm not sure what your motivation is in your comments. I note that you have not held shares in this company for over 6 years. In November 2018 you stated that you saw your "share price drop from around $2.70 to 24 cents before I got out. What a loser I was." In January 2021, you stated that "IGN will be lucky to survive another year." Yet not only are they still here, they paid their first dividend in over a decade in March, for the first half of 24/25 increased statutory profit by 189% to 615k, had an EBITDA of $724k, up45%, and importantly improved gross margin by 6.7%. They "anticipate further half on half, and year on year profit improvement in FY25.” As at 31/12/24, they were debt free and had $3.5M in cash. The share price has now risen 43.8% from the equivalent of 80c pre-consolidation/split in Nov 2024 to $1.15 yesterday on the back 130,793 shares or 0.8% of the company being traded and the price rising 9.52%. While I would like to see more liquidity on a day-to-day basis and continued emphasis on improving gross margin and profitability, the trend is very encouraging. I have also been very critical of the company's performance and direction in the past and believe they still have a long way to go to regain shareholder and market trust and unlock the true value of the company, but you have to give credit for the improved results over the first half of 24/25. Let's hope they can consolidate further in this half and post an even stronger result.
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