IBN 0.00% 2.0¢ ibuynew group limited

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  1. 3,967 Posts.
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    That's the smartest post I have read on DVI for a while.

    Both yourself and FF have grounded expectations on the growth of the company and hence the growth of the sp.

    Bit miffed the circus came to town, but it did provide a good trade. The main problem it leaves behind, is excess supply at higher levels as ppl become happy to get their money back on any sp appreciation.

    However, while the news is all good and the two companies are growing their revenues and profits, it'll remain a hold.

    The volumes will undoubtedly die down. The sp may drift a pip or two lower, and at some point, it will re-rate again based on the fundamentals.

    IMO

    Milesy
 
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Currently unlisted public company.

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