You are right. It all starts with increased utilisations, cashflows and then profits. With the profits will come a better share price. It seems from last year's AGM that they have begun cutting costs, though revenues may have dropped a little as well. Hoping to see at least a reasonable result that can be built on in the coming years. The good thing, is the Indoor Skydiving activity itself appears to be fun and is reviewing well with customers.
With the current shares on sale, even if there are say 20m shares ready to be sold by institutions. At 1.9c that comes to just $380k, which can be easily absorbed by a fund or existing shareholder. You never know, one or more parties may just see it as a bargain, and swoop quickly.
Looking forward to this weeks reports and hopefully there will be some positive signs.
IDZ Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
