who is the mine getting sold to? who gets to clean up with a massive mine at a bargain price in a time where coal prices are as high as ever.
As someone who tried to see logic in this soap opera drama over the past 2yrs - this is a clusterf^ck outcome and an embarrassment.
I will never touch a South African company again.
would someone care to explain...
why IDC sold down their shares hard and fast 18 months ago and then announced they are out 6 months later? why announce Papi as CEO and then liquidation 6 weeks later?
so much bull$hit. Retail investors got shafted.
RES Price at posting:
6.4¢ Sentiment: Sell Disclosure: Held