With Indo Pacific coming online in the next little period, I don't think there will be a problem at all, its
clear from the report that IBN has had an exceptional period, the next little period may be slower, but all
the ducks are lining up here. What IBN has produced is an exceptional performance and we still have a major acquisition to integrate, anyone who has seen the Indo site will know that the integration shouldn't be difficult and it will create a sales momentum for IBN. Nyko Property also seems to be performing well too, and then we have the establishment of IBN Loans and IBN Realty so we should await what contributions they will bring in. With the ISelect deal too, I expect that will start to get real traction and we have due diligence being done on new acquisitions. For a company that has a market cap of only $13.5 million dollars, It was a great quarterly. And we still have that huge listings base. I think this only the start. I'm expecting big things from IBN. This is a clear buy for me at these levels.
IBN Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held