weekly chart, page-29

What changed? Most of the remaining market woke up to the fact that Chairman Canion has come nowhere near achieving the targets he has continuously spruiked about IAM.

Weren't we led to believe in the last podcast that Directors cant buy during black out periods, so read into that what we will as to why he hasn't been buying!! Still no buying now PC?

The disruptive product is only so due to cost achieved by outsourcing overseas, not the type of disruption the market likes to pay a hefty premium for when lofty targets are not met.

Revenue is way too low for this MC, but they still have enough cash to survive a while so somewhere near a $5m EV sounds about right until they can show doubling revenues for a couple quarters.

It was game over for the SP when they cocked up so badly that NAB trial. Unfortunately too many here were blinded by the IAMLTH brigade who , as most of us realised, were clueless at valuing a company or future prospects.