I would like to play neutral on this one, even though i have a pretty steep amount of shares with IMU. one has to face the fact that IMU has only run south to date. however i do think that negative sentiment around this share is the biggest factor in its fall in price than either the slack attitude by its directors, or the failure to get the BEE targets in line. however i do think the performance figures should be our guideline to making decisions regarding the trading of this share. what baffles me is that there are shares around selling like "soet koek" but with real
[email protected] earning ratios and PE ratings. IMU's sick share price has actually boosted it's Earnings ratio and has drastically improved its PE rating. in my opinion this share is worth at least 13c at its current standing and i think it is going to get some major attention in the near future.
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