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/
