On a share price of 78-80c, they are paying 3.75c dividend in a few days and the next is expected in Feb. But looking at the news around this company, revenues and profits are set to continue record growth. I am thinking these are going to be sitting around $1 in Feb. The reason that they were held down at 80c here is it looks as if someone was selling a few hundred K at 80c.
From the ITX Group website
The itX Warehouse will be closed on Friday the 4th of September. This will have an impact on all Apple and Sun Microsystems orders.
On the weekend of the 5th and 6th of September, itX are moving to a bigger and better premises in North Ryde. In preparation for the move, the warehouse will be closed on Friday 4th September.
What this means for you This means that on the 4th of September:
No stock will be receipted into the warehouse. No stock will be dispatched from the warehouse. Last orders for dispatch on Thursday to be received by 1:00pm Thursday 3rd September. Warehouse will re-open at the new address on Monday 7th September and any orders placed after 1pm on Thursday 3rd September will be shipped.
What you need to do
Ensure urgent orders are sent to itX before 1:00pm Thursday 3rd September
Please note: The warehouse closure will only affect orders for Sun Microsystems or Apple products. No other orders will be affected during this time.
New itX Warehouse Address itX Group Ltd Rear Loading Dock 65 Epping Road North Ryde NSW 2113
ITX Price at posting:
76.5¢ Sentiment: Buy Disclosure: Held
