Indigo Pacific has no debt and therefore no exposure to the US sub-prime problems.
This was reiterated to the market in our profit guidance announcement on 18 December 2007 when we stated:
"Indigo Pacific has no debt and zero exposure to the US sub-prime lending market," he said.
There is no valid reason for the drop in Indigo Pacific share price. We will announce the half year profit around 26 February which should ease shareholder concerns.