Image Scan - final results
Image Scan Holdings - final results commentary
A classic penny share
By Michael Crockett
Image Scan is the archetype of a penny share in that the company is very small, its shares are high risk and priced at just 2 pence…....BUT there is a chance (one day) that the Company could make good profits and its shares increase many fold. It was with this latter possibility in mind that AimZine published a “Ten Bagger Quest” article on Image Scan in September 2014. In today’s article I provide an update on recent news from the Company.
Image Scan published its results for the year to 30 September on Tuesday 8th December, reporting mixed fortunes. I spoke to CEO, Bill Mawer about the results and the Company’s future prospects.
Image Scan Holdings (IGE) http://www.3dx-ray.com Company Summary Image Scan supplies a range of X-Ray solutions through its main trading subsidiary, 3D-XRAY. Originally formed in 1996 to develop specialist 3D Xray systems, the Company now markets a wide range of X-ray solutions with its main markets being Security and Industrial. Image Scan has been successful in recent years in building up a range of portable X-ray systems which are used by the police,…
