IDC indochine mining limited

Ann: Successful Completion of Capital Raising , page-13

  1. tcf
    6,955 Posts.
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    Pst
    What non public information do you think IDC had to give the lucky 7 cent recipients to get the cash from them.

    7 cents is disappointing and I don't see why IDC didn't wait until the new resources upgrade was made public.

    If the results are so good maybe the SP would be 12 cents and the CR would have been at 10 cents.

    Just demonstrates how short of cash the company was.

    But sadly, if past CR's are to go by, the SP will halve before the next cash chase.

    I have a feeling (I hope not) IDC may be in a slow death role because of cash demands.
 
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