Club Mulgoa

Friday, December 09, 2011

IMA

I can never understand why this stock underperforms. In fact, good news eventually leads to fall in share price. It keeps finding mineral sands but the market is just uninterested in it. If you look at ILU which is galloping again in share price, you will note that IMA is a successful explorer but ILU is a successful producer.

I keep this type of stock on watch... and often regret not buying earlier. How can a stock keep falling if announcement after announcement are good? Inshallah!

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