IDG indago resources ltd
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the beginning of the end

  1. Paloma1
    1,010 Posts.
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    16/10/09
    09:43
    Post #: 5787995
    More money for directors first class travel and first calls life.

    Less assets for IDG and with that less backup for shareholders holdings.

    No future for this company with the current management way of operations….it looks like they are desperate to increase cash reserves so they have a great life….


    I lost a lot of money, but I would have lost a lot more if I did not sell at the time the 10 to 1 conversion was done. This kind of deal is just another way of making more money available for management entertainment ad lots more dilution to shareholders…
    IDG Price at posting: 27.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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