IME has to be well undervalued and if the board / directors don’t positively promote the company in Australia, it will be a very slow long upward climb in share price. The ASX has only 18 buyers and 8 sellers which supports how unknown it is in Australia. Limited positive information is being communicated in what is currently considered a slow sector which won’t help. Their website highlights Australian offices, however no operating sites. Time to expand outside of Latin America and expand into APAC where some Australian investment interest may be gained. Surely someone in the company is able to recognise the need for regular positive updates even if they are small to make people aware, keep people interested and informed. We are in an era of easy multiple option communication channels and they fail to recognise it.
IME Price at posting:
65.0¢ Sentiment: Hold Disclosure: Held
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