Can't understand why the heavy selling Infomedia going on at...

  1. 280 Posts.
    Can't understand why the heavy selling Infomedia going on at moment. Brokers have a target of $0.09 on this stock and with latest announcement on winning the contract you would expect it to be up close to target.

    Profit is also up..
    25-08-2004 18:35 Infomedia net profit up 13pc to $20.7m - final div 1.9c

    And today with this announcement.
    26-Aug-2004 13:38 IFM Wins Ford of Canada & Ford of Mexico Contract Renewal

    Anyone have any ideas??

    Cheers,
    Ace.
 
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(20min delay)
Last
$1.70
Change
0.015(0.89%)
Mkt cap ! $641.4M
Open High Low Value Volume
$1.68 $1.70 $1.68 $549.9K 326.5K

Buyers (Bids)

No. Vol. Price($)
6 536130 $1.68
 

Sellers (Offers)

Price($) Vol. No.
$1.70 49995 1
View Market Depth
Last trade - 16.10pm 11/09/2025 (20 minute delay) ?
IFM (ASX) Chart
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