The reason they went from 3c to 30c was of a reconstruction. Imagine did a reverse buy out of Horizon group. Renamed the company and they did a 5 to 1 share consolidation. So the price went from 4c to 20c when it was re-listed. It has gone down but it now on the way up after an internal management restructure.
I posted on IUL earlier this month but the post doesnt appear when you do a Lookup. You can find it through the Search facility. Post is copied below.
Subject: accumulate Stock Code: IUL - IMAGINE UN LIMITED Posted: 02/07/07 12:40 Hotcopper Radio: IUL on BoardRoom Radio Posted By: angelok Views: 24 Post #: 1914998 (Start of thread) Sentiment: LT Buy IP: 203.166.xxx.xxx Voluntary Disclosure: Stock Held IUL went up 26% on Friday and so far another 12% today... Has been oversold for a very long time...
Friday's announcement was that they have sold their first International Master License for over $7.5 million. This was for the Greater London area. That one sale is 1/3 of the current value of the company...
A great buy until .30c. Once they expand across UK... 6 Month target of .50c for me...
more news to come?
IUL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
