This business is perpetually underestimated and I've come to be very sanguine about falls in the share price. Virtually everyone who encounters IVE sees a boring / dying print business on the verge of obsolescence - and investors constantly panic at the first sign of trouble.
After watching the company closely over the past 5 years, I really believe it's one of the better managed businesses on the ASX. They're constantly evolving / diversifying, astute in snapping up competitors / adjacent businesses, hyper-focused on profitability, and eager to invest with a long-term horizon.
There's a lot of noise at the moment but, since listing (2016), IVE has paid over $1 in cumulative dividends (~$1.43 grossed up). Shareholders are being looked after so I'm inclined to give management the benefit of the doubt in the current environment.
IGL Price at posting:
$1.82 Sentiment: Buy Disclosure: Held
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