IMD 2.12% $2.31 imdex limited

basically it had been beaten down by tax loss selling due to the...

  1. 2,218 Posts.
    basically it had been beaten down by tax loss selling due to the Minerals division screw-up. Apart from the uncertainty over the KSA JV (now resolved), the business were all projected to do well in FY2005. I was also confident that IMD would pay a dividend in FY2005, probably 1c.

    So basically FA, with the ceasation of tax-loss selling to provide upward momentum.

    angus
 
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