I have it infront of me, but not tech savvy enough to get it on here...
Doesn't say much we don't know, but re inforces the windfall profit of $24m that it got. And that this allows it to do another transaction of a large size without raisng any more capital.
It re enforces how IMP has been looking at the industry for some time, but fortunately didn't get involved until now at sharply knocked down prices.
Re enforces that it is cash flow positive, and has bought very well.
But clearly the sellers persist.
All eyes on 10 cents. Can we break it today??
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Simon Kidston, Non--Executive Director
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