BPP 7.69% 0.6¢ babylon pump & power limited

IMI is obviously following CEO's example of moving from a near...

  1. tcf
    6,864 Posts.
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    IMI is obviously following CEO's example of moving from a near bankrupt specticals manufacturer to a miner.

    CEO (now DRG) rose from around 1 cent to 19 cents when it announced a coal project involvement in Mongolia.

    IMI can do the same.

    IMI options currently trading at 0.002 are a 0.0072 exercise price in 2016. With the SP being 0.006 the options can be in the money very quickly if the management do the right thing.

    Any positive announcement regarding a new direction for the company may see the shares and options do some strange things in an upward fashion.

    Worth a look for options players I recon.
 
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