Revenue growth for Q3 (+34%) good but a bit slow when compared with Q1 (+95%) and Q2 (+96%). Expenses still continue to increase significantly. However, visitors to portal sites has more than doubled over last 12 months.
Perhaps in regard to revenue growth, management are busy bedding down Indonesia. Q4 traditionally is less active than Q3 so unless something new arises (purchase of more sites?) share price might not move much over next 3-6 months
IPP Price at posting:
$1.06 Sentiment: Hold Disclosure: Held
