good feeling about latest announcement, page-4

Just like we were waiting for something significant in Oct and oh Nov and oops Dec monyana monyana monyana. Oh and by the way we were suppose to see 10c by christmas.

Changing the guard at IMI is a risk it's almost an admission that despite thinking they had got it right it appears that that they need to do a major tune up. New directors means changes and changes means time. Given the time of year I don't expect anything to happen too quickly.

The news didn't impress the market too much and while there are people trying to manipulate any rise are likely to be selling opportunities.

My position is that the risk for IMI has increased ST so I remain cautious. Without profits any move will be speculative.

Cheers
BW