OK, this is getting silly. it has effectively picked up $US 10m for nothing, and the share price is still trading below the old 0.07 cents..
IMP now has $AUD 20m cash. And assets that are only moderately leveraged, and income producing (easily covering interest costs).
re-rate imminent IMO..
GL
OK, this is getting silly. it has effectively picked up $US 10m...
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