IBA iba health group limited

good value

  1. 1,731 Posts.
    Due to recent acquisition, latest valuation of shares by some analysists at 23c.

    (Fridays announcements) Sydney 29 August 2003 - Consistent with its recently announced strategy to
    move into the primary care domain, IBA Health Limited (ASX:IBA), leading
    Australian Health Solutions company today announced in a deal worth $2.2
    million the purchase of Medical Spectrum.
    IBA Health today also announced that it's 2004 forecast profit before goodwill
    is in the range of $0-3 million. A copy of IBA Health's investor
    communication presentation can be viewed.

    To read further please visit www.ibatech.com

    Watch for further developments re this company soon, director did not buy 3 million shares just for fun.

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