IFS
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0.00% 3.2¢ ifs construction services ltd

re: Ann: Reinstatement to Official Quotationn... Hi tempo...

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  1. relaxan
    446 Posts.
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    14/07/09
    19:15
    Post #: 5388972
    re: Ann: Reinstatement to Official Quotationn... Hi tempo 1

    Company just put out update and advised only $2.7m for 5 months to end May. Equals $6.5m annualised. Market cap only $16.2m thus very low EBITDA of 2.5 times. Either people dumping at first opportunity, because they have not previously had liquidity, or some shareholders don't think they can maintain their earnings performance.
    IFS Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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