IMP 0.00% 14.0¢ imperial corporation limited

the latest, page-9

  1. 865 Posts.
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    Yes, i am with you Dazzler and Oddy.

    Seems to be a different mood in the management at present, given that Audited Report.

    Thankfully IMP now has $8mil in reserves.

    The acquisitions went off the boil Dazzler when greedy land owners have jacked up the price of prospective quality leases many times over ...so IMP as far as i have been told, has backed off rushing into acquisitions.

    Gas prices have dropped somewhat from the $13+ highs down to nine or ten dollars when i last checked ...however these should rise again with the $US dipping and winter on the way and oil rising in price as well ...with all the growing instability in the world, due to the decline of US power and financial clout.

    So, with rising gas prices, that should be a boost to income through the winter months.

    I will take onboard your excellent thoughtful comments and ask them about these things when i contact them.
 
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