IMD 0.89% $2.27 imdex limited

broker update, page-4

  1. DSD
    15,757 Posts.
    " I got an order filled at $1.80 but bigger buy at 1.70 didn't make it" should have read 1.77 instead of 1.70. I am bullish re IMD and intend buying below 1.80 should it return there. Increasing vols and margins quickly ramps-up the EPS. Am pleased aquisitions have slowed. IMD will be able to buy companies for far cheaper in 12 months time than now. Be patient and focus on organic growth for nxt year is what i hope they'll do. Afterall, there will be a surfeit of distressed firms as GFC returns.
 
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