IDO 0.00% 0.3¢ indo mines limited

Ann: Bidder's Statement, page-15

  1. 3,438 Posts.
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    Can anyone explain to me:
    1. why someone was willing to pay 2cps for this, when the independent expert report valued the shares at between $nil and 1cps;
    2. why it might be worth even more than 2cps (as some people in this thread suggested).
 
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Currently unlisted public company.

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