IDC's SPP selling 30 cent shares to elegable shareholders expires on 12 May.
IDC have demonstrated its inability to sell the dream in Cambodia (no support after listing) and now PNG with the market unwilling to pay above 26.5 cents for its shares.
The market needs some very good news from IDC very soon (before 11 May I'd say) to get this cap raise over the line but with the market the way it is the news will have to be very very good.
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