Yes but when someone can sell at 24c and a week or so later can repurchase more at 19.5c - the temptation is ever more inviting. Bought a parcel in another company just prior to an expected good Q report - the result wasn't what the market expected and sp tanked by over 25% - a rather sobering experience yet again.
Since the Board wrangling announcement, the focus for IMA has shifted from an expected good Q result to the internal issue - sp fell. The market is jittery and falling, the last thing IMA needs is uncertainty.
IMA Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
