IDG indago resources ltd

Ann: Announcement of buy-back - Appendix 3C , page-5

  1. 5,802 Posts.
    lightbulb Created with Sketch. 97
    Nope - no claims to any expertise at all.

    Just cynical enough, having seen it all before, that I no longer am surprised by whatever they end up doing.

    But a buyback just seems to get dodgier and dodgier - as mentioned, BIV likely to sell their shares back to IDG using YOUR money, then IDG will just remain as a shell company with no assets.

    The only asset they had left was some cash in the bank - guess what's going to be used to buy back the shares.....

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.