whats amazing here is the ASX allowing companies to make unsubstantiated claims where 100"s of millions of dollars of loans are involved. the ASX is the one who should be sued for allowing these rubbish announcements to be made in the first place. it should never have traded after news.
IGE should have gone straight into suspension when funding deal was announced. then honest punters would not have been conned by this ADIA involvement.
to be honest the directors of IGE probably thought everything was legit also (p.s they are DcS for allowing this situation to unfold and are unfit to be directors in charge of peoples money) but got caught up in the whole fiasco because of the size of the deal and the corresponding boost to there collective ego's .
i hope by some miracle funding is still being organised but the shares must be suspended until everyone knows money is in the bank. it still might happen as some have said Amsterdam facility is being built and the world needs a solution to plastic waste. good luck holders all is not lost.
cheers
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