IFM 0.00% $1.37 infomedia ltd

Terrific buying here, page-4

  1. 22,698 Posts.
    lightbulb Created with Sketch. 7
    Maybe the market is slowly absorbing the news of losing its co founder??

    it is a little disappointing to see such a pullback with the recent decline in the aud. I think a lot of us were thinking or hoping that it would be the catalyst to push through that stubborn $1.30 barrier. I hope it doesn't fall back down to around $1.03 where it headed in its recent sell off.

    to to be honest, I am a little disappointed with a lack of positive news on "new business" or growth of subscription base.

    We are led to believe there are trials in the USA and Europe at the moment so hopefully that will be positive and will result in subscription take ups.

    The he market seems to be really punishing those companies in a high PE that falls short meeting their expectations.

    If and when we manage to get up near $1.30 there will be a few waiting to see us crack that price for the next leg up. In the meantime, let's hope we can stabilise around here and not be concerned about nearing that $1 to $1.03 mark.
 
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31 21409 $1.37
 

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$1.38 8945 6
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