Well, as I and many others posted when this whole partial takeover malarkey started, it has come to pass. All assets now stripped and sold. Tusker Gold "spun off" with a minority interest in the gold deposit (Barrick Gold hold the majority). And IDG in suspension.
The company is now to be changed into "an "alternative" investment company" - read "dodgy brothers inc."
Any value that IDG once had has completely gone, the company has been well and truly plundered, the directors have played musical chairs, and Blue Capital now have another listed skeleton company for more dodgy dealings.
Amazing! And what did all the true believers think was going to happen when they voted this new mob in?
And don't you just hate a "told you so" smartarse...! ;)
IDG Price at posting:
26.5¢ Sentiment: None Disclosure: Not Held