The Placement was undertaken by a small consortium of international funds that undertook extensive due diligence
Extensive dd also says to me that Joel would have known about this for some time...........how does one do extensive dd on a company without the boss knowing.
Joel goes on to say “We are delighted to welcome new institutional shareholders onto our share register after an approach to me directly from the consortium’s cornerstone investor in September”.
3 months of dd is not a long time....they must love what they see
onwards and upwards........one step back and 3 steps forward
GLTAH
IHL Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held