IDA indiana resources limited

Ann: Capital Raising Secured & Proposed Option Entitlements Issue, page-3

  1. 5,389 Posts.
    lightbulb Created with Sketch. 1717
    Personally I think it sucks, almost double the potential number of shares on issue if the share price is in the green in a years time, people can pile in at 3c which is belw current shareprice.

    I think this will have the effect of suppressing the share price for the next year. I had been looking to invest in this company, but now I am put-off...

    Sorry.
 
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