This is not a good decision and does nothing for existing share holders and their years of loyalty to INCA.
An AGM is due and explanations as to why these could not be deferred as others have said they could be revisited in another format.
I when purchasing the Capital Raise at the time of the CR brought them and viewed the options attachment as a plus and fully subscribed with more due this, but now to have the board totally cease the option with out any consideration to existing share holders is blatant punch in the face for long term holders.
Please as holders of Option A all write to INCA and state we are not happy with the outcome and blatant dis regard for long term holders that raised the funds and were awarded incentive shares only to have them pulled with out seeking other alternatives to this like deferring them.
Any Comments Please.
Allens.
ICG Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
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