Another company which gets my contrarian nose twitching... it seems
obvious to me that the risk free way to invest in this co. is to buy
Tag (au) or Tpc (nz) shares....a quick look at the financials of Tag
makes that self evident. But for all their spin doctored press statements
relating to new contracts the Iba share price stubbornly refuses
to get above 22 cents (though to be fair it was down around 17 cents a
few weeks ago.... I guess if my NZ Refining shares had a 30% spurt I would
be estactic.)
I tell myself the market doesn't understand this co.. the market is
parceling it with all those other wannabes that never were... those
. com tech mongrel things...but then this little voice in my head
says whoa... thats worse then complacent..... that's arrogant..
so I am at a loss.... is the market right is this a Telemedia waiting
to happen.... if any one has a opinion I would be grateful.... cheers Keith
See IRG research reports
