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Bullboard - Stock Discussion Forum Imaflex Inc V.IFX

Alternate Symbol(s):  IFLXF

Forest Products Paper & Paper Products
Imaflex Inc. is focused on the development and manufacturing of solutions for the flexible packaging and agriculture industries. The Company’s products consist primarily of polyethylene (plastic) film and bags, including metalized plastic film, for the industrial, agricultural and consumer markets. Its polyethylene films are mainly sold to printers known as converters, who process the film into... see more

TSXV:IFX - Post Discussion

Imaflex Inc > market
View:
Post by PhiladelphiaCo on Apr 20, 2023 6:44pm

market

Interesting to watch the Market..

IFX
Shares outstanding  51.74M
Public float               23.39M
average volume da     7.xxK

Share price drop 22.4% from 1.65 to 1.28 in 2 days via 115,000 shares traded, .0048% of the float


Provides some insight into how tenuous valuations can often be, like Bitcoin, for example, and the lack of visibility into that enterprise.
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