Short Term Trading Week Starting: 8th May, page-175

  1. 10,917 Posts.
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    STTCOMP IBN,   FA Long
    iBuyNew Group
    Shares on issue 1,694 Million
    SP - 0.005c
    MC - $8.4 Million
    Cash - $2.3 Million

    IBN is an Australian online marketplace selling new property.The online site has over 4,000 properties listed.The company has recently completed a rights issue to sure up the balance sheet.The last cashflow was operating cashflow positive.The company at the moment is at a value inflection point. As the company grows so will interest from companies such as Real estate.com and Domaine Website https://www.ibuynew.com.au/
 
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