And the market continues to express its opinion - IDG going down, down, down.
And now that GLI/BIV have declared their intention of selling a load of their shares, why would anybody want to keep holding them?
This is a blatant grab and strip operation, it would seem, by a mob with no cash backing to speak of, and little experience. The only thing that has sparked up the SFR shareprice after they took it over is the copper deposits. IDG don't have anything to match that.
For all those continuing to hold, in the hope that the new boys would spark the company up, this will be an absolute disaster. This is not downramping - this is the reality of the manoeuvres. I've been around plenty long enough to have seen it before - many times.
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