Possibly because it missed the results suggested in the Independent Report for Q3.
The actual results fell somewhere between the previous qtr for IP1, and the results predicted in the IR.
In my view, the improved level of receipts was sufficient for me to be happy. Others possible see it differently.
With close to $1m receipts this quarter, which are anticipated to grow quickly, plus the opportunities that exist in the area, along with IP1 likely to be CFP next qtr, I think the $35m market cap is way under value.
...
IP1 Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
