fx bights dud acquisition

  1. 465 Posts.
    lightbulb Created with Sketch. 18
    Well FX starting to really bite IFM as old, in money, hedges roll off. Also hard to understand paying $4.7m cash for a business that delivered only $535K revenue and $1,000 profit for 4 months to December! It either means that they expect hockey stick earnings trajectory for acquisition, or is a poor reflection in their outlook on existing business - as they could utilise cash to buyback and cancel at circa 6 times earnings, now that is accretive providing your earnings do not fall!

    Dont jump down my throut asf! only my humble and consistent opinion.

    rgds
 
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(20min delay)
Last
$1.68
Change
0.005(0.30%)
Mkt cap ! $635.7M
Open High Low Value Volume
$1.68 $1.69 $1.68 $840.2K 500.3K

Buyers (Bids)

No. Vol. Price($)
7 544465 $1.68
 

Sellers (Offers)

Price($) Vol. No.
$1.68 186205 2
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Last trade - 16.10pm 10/09/2025 (20 minute delay) ?
IFM (ASX) Chart
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