MRE
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0.00% $1.97 metrics real estate multi-strategy fund

IMO stock is under valued.Positive cash flow of over A$100...

  1. cookie123
    342 Posts.
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    01/03/10
    11:28
    Post #: 6389575
    IMO stock is under valued.Positive cash flow of over A$100 million during year 2009. Debt free, cash on hand as at end Dec 2009 over A$245 million.

    Good recovery in Nickel prices during last quarter, no dividend as management are considering growing the business.

    I would like to see a share buy back or a special dividend .

    DYOR
    MRE Price at posting: 74.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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