Well with comments over the past week along with comments in the half yearly report we can assume adultshop is on the prowl. They have a cash balance that is growing by the day... They also said they were interested in gambling which makes IAS an interesting target.
IAS has moved higher from what I think is speculation of a takeover bid. I read IAS's announcement in response to the ASX query but it's not that convincing.
Any thought on this one??
Cheers, Munch.
IAS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held