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Morning trading April 28, page-80

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Gunslinger27

5,742 Posts.

183

28/04/21

10:30

Post #: 52774111
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Originally posted by dazatoN: ↑

Potential Multibagger
IDZ
7mill mcap
- director and substianial holder accumulating on market
- debt restructured and forgiven
- Total assets= 37mill mcap
- Have two main business models: iFLY (indoor sky diving) located in Penrith and Gold Coast, and FREAK Entertainment (VR Gaming experience located in Penrith, Gold Coast and Westfield Bondi Junction

Upcoming News:
- Quarterly report due end of April, which should show positive cash flow or close to it.
- Expansion to Other Westfield Centres, which will further drive revenue, “Future sites are in development across greater Western Sydney”
- Mouth of word has been increasing given the positive reviews of their VR Gaming Experience. Limited bookings/ complete bookouts exist in WestField Bondi Junction for their FREAK entertainment

This company reacts very well to news given the low SOI and the tight top 20.

All the best

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If the quarterly is going to be 'good' why are frantically trying to pump it?
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