I am happy with the progress. If they keep expanding their sales base to the extent they are with Microcat and SuperService Menus then the exchange rate issues will sort itself out.
Personally I see the AUD coming off it's high over the next 6 months which will really assist IFM.
Time will tell....
I also believe that there is a chance that SnapOn tools (global leader in this area) will be running the rule over IFM. Could just be coincidence that IFM new CIO came from that very company in USA (or not)...
the wheel spinning continues, page-2
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Last
$1.62 |
Change
-0.005(0.31%) |
Mkt cap ! $612.5M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.65 | $1.61 | $52.18K | 32.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1155 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 1550 | 15 |
View Market Depth
| Last trade - 12.47pm 23/07/2024 (20 minute delay) ? |
| IFM (ASX) Chart |