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Re: Re: Re: [sharechat]Re IBA


From: Derek <dkw@paradise.net.nz>
Date: Thu, 03 May 2001 22:20:25 +1200


Thanks Keith,
Looking at IBA's current rate of cash burn - about $28 m a year, they still
have over a year left to use their $35m in cash. It seems that they are
getting new contracts all the time, so there seems to be a reasonable
chance that they will survive. Also thanks for pointing out the insider
buying.
Cheers,
Derek




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