Consider instead of IMC continually financing the mine, imagine if it was BNP or Wespac (the original financiers). So if Westpac kept putting up money quarter after quarter until finally enough was enough. Then Westpac may have ended up owning all the shares (deservedly so)
These muppets complaining the company was stolen from under them would surely be a lot quieter. Direct your frustration at the inept management, not IMC
MOY Price at posting:
5.1¢ Sentiment: None Disclosure: Not Held