I'm a shareholder of IGN and just got a letter from major shareholder Octavium. They want a board seat to help unlock the value.
They are saying profit could be $3-4m p.a. so with a current market cap of $14.5m, that gives serious upside if they execute. And there's franking credits and tax losses too.
However, why hasn't management executed on this already? And it also looks like the board doesn't have much 'skin in the game'.
Unless I'm missing something, is it not time for a bit of change of the Board?
- Forums
- ASX - By Stock
- IGN
- Huge upside(?)
Huge upside(?)
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IGN (ASX) to my watchlist
|
|||||
Last
8.7¢ |
Change
-0.003(3.33%) |
Mkt cap ! $14.19M |
Open | High | Low | Value | Volume |
9.0¢ | 9.0¢ | 8.7¢ | $575 | 6.604K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 18867 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.082 |
1 | 30330 | 0.033 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 18867 | 1 |
0.090 | 22891 | 1 |
0.096 | 10000 | 1 |
0.125 | 25000 | 1 |
0.000 | 0 | 0 |
Last trade - 12.15pm 02/09/2024 (20 minute delay) ? |
Featured News
IGN (ASX) Chart |