Veritas Securities covers them, they are projecting EBITDA of +$2.9m and NPAT +$290k for Jun 2019, for Jun 2020 EBITDA is $3.5m and NPAT $800k.
Its going to be a very long road to recovery for them. With economy turning down discretionary retail is going to be depressed so I cant see these guys getting any real improvement from their current situation. As a consequence, I've sold out and hopefully moved what's left of my money to greener pastures!
IDZ Price at posting:
2.9¢ Sentiment: Sell Disclosure: Not Held
