IMB 1.75% 56.0¢ intelligent monitoring group limited

50 M in debt, 25 M turnover. Fully drawn down loans - no...

  1. 106 Posts.
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    50 M in debt, 25 M turnover. Fully drawn down loans - no reserves.

    the debt being repaid is done via one debt consol to another - there is no debt being paid.

    Year on year loss and accumulating

    Chairman resigned, Director resigned.

    Where's the good news ?

    I was a holder , sold out - would love to get back in but there's no compelling reason....I keep my eyes on this share as it ought to be a little starlet but is sinking deeper in to debt .

    All holders are kind of stuck , waiting for the turnaround - and that's the issue.


 
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