IBX 0.00% 7.0¢ imagion biosystems limited

IBX Oppies, page-330

  1. 5,298 Posts.
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    I am fairly new to oppies. Bought ibx initially but liked the story so much I sold the ibx and converted to ibxo because at the time they were around 4c so I could get twice the amount of exposure. Since buying in there is no doubt there is a liquidity issue. Big gap often between buy and sell and no way to get out easily and quickly if it goes south. I bought in expecting to convert if and when the time comes, unless some other opportunity arises to sell out at a decent profit.
    Definately shouldn't be considered as "just a cheap entry" into Ibx but if you understand the risks in my opinion it was a great way to increase exposure when ibx heads were below 10c.
 
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