It all makes sense if you read the announcements and look at the chart and keep abreast of the news.
INO is a turnaround business, which is at last profitable. It is the world's No 2 supplier of closed circuit TVs in trains (and other things).
John Howard came back to Australia after visiting England during the first train bombing attack and said Australia must get more closed circuit tvs in trains and everywhere if we are to prevent terrorist attacks.
And chartwise, INO looks great, having broken out of a two-year sideways consolidation period.
Cheers Anne
INO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held