IBN 0.00% 2.0¢ ibuynew group limited

Good move and overdue to consolidate.I remember SEQ where people...

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  1. 10,543 Posts.
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    Good move and overdue to consolidate.I remember SEQ where people were bailing at .002 and .003 and the shares were consolidated and a month later were trading double the price. Looks like no plans for a CR given the consolidation. At the end of the day the company needs to perform and given there is around 200,000 new properties in Australia built a year no reason why they can't capture more sales and make a profit. There is a good analysis on the property market I found a month or so ago and will find and post. Will give new management time to see how they go.
 
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Currently unlisted public company.

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