With all that brass IN THE BANK and what 66 million shares....
........this is trading at a discount to its cash reserves....???
Just bought.
Appendix 4C Quarterly Report for the Period Ended 31 December 2004 International All Sports Limited (ASX:IAS) has released its quarterly 4C cash report for the period ended 31 December 2004. IAS has continued to maintain strong cash reserves with cash held at 31 December 2004 of $26.562 million (30 September 2004: $18.358 million). During the period to 31 December 2004 cash increased by $8.996 million resulting from the merger with Canbet Limited. Adjusted for this cash receipt, IAS had a net decrease in operating cash flows for the quarter of $142,000.
IAS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held