So in January 06 Martin Place Securities ( the underwriters of this rights issue) , did a valuation of IGR at 30 cents per share , when it was then trading at 18 cents.
Now 10 months later they are involved in fund raisings and company advising at 10 cents per share , which they get a fee for.
WOW , thats interesting.
Still can't believe with so much drilling on the way , the company does such fund raising before results are known - or are they?
- Forums
- ASX - By Stock
- IGR
- martin place securities valuation
martin place securities valuation
-
- There are more pages in this discussion • 16 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 IGR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online