We heard that this deal was worked on for a long time, so I had a look at IGR sp chart for the last 2 years. After all, directors were looking after generating wealth for shareholders for a long time, right? Guess when, from a sp (and generating value to shareholders) perspective, was the worst time over the last 2 years for a cap rising or accepting a friendly T/O. I do not want to prejudice your conclusion, you have a look at the chart and conclude yourself.
IGR Price at posting:
40.5¢ Sentiment: None Disclosure: Held