IFS 0.00% 3.2¢ ifs construction services ltd

Ann: Reinstatement to Official Quotationn on 14 J, page-10

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  1. 161 Posts.
    re: Ann: Reinstatement to Official Quotationn... HI Relaxan,

    $8mil was the target that was expected and released at the last IFS investors meeting.

    Since then i have spoken to their old CEO Doug Weir, who is now, since restructuring their international manager. I have also spoken to the owners of Greenday Corporate who are IFS's financial advisors and my understanding is that $8mil was achieved.

    I believe that they have since won a number of long term contracts, so profit forcasts for the upcoming year should be significantly higher.

    Dont get me wrong, im extremely disappointed with todays open however i can see the light at the end of the tunnel, which i certainly couldn't see when we were AOS.
 
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