re: Ann: Pala Investments - Shareholding in I...
Pala converted some Avoca convertible bonds into shares a year or two early just recently (sorry I don't recall the exact dates and amounts). The assumption was that it was to improve Avoca's debt position in the face of the Dioro takeover. But there is obviously much more going on in the region.
So, Ocracoke, CC welcomes consolidation, is that right?
IGR Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held