IMA

Today, ILU had a big jump. I have been watching IMA for a while. This company is one of the most ignored in the ASX. If you look at the number of excellent announcements and the share price performance, there is hardly any correlationship. In fact, it was mostly down. Yet, what it uncovered in SA and WA had been phenomenal. ILU eventually will need IMA's in-ground assets. But the market has been disregarding IMA. Singaporeans/Malaysians are not; they have been big investors. Today, I did another top-up at 47c.

It ended at 51.5c because some investors know that if ILU's products are increasing in value, IMA's worth should be up. Smart guys.... luckily, I moved just a little ahead of most!