IND 2.44% 21.0¢ industrial minerals ltd

Hey VCIND only listed on ASX in July 2021. No consolidation. I...

  1. 58 Posts.
    lightbulb Created with Sketch. 19
    Hey VC

    IND only listed on ASX in July 2021. No consolidation. I have been in IND since IPO.

    The IND you are referring to was a previous ASX company - Indus Enegy - that went belly up. Hate that they recycle the codes from dead companies.

    My read is they raised $5M on IPO and still have money in the bank. There are 8M options on issue in the money at 30/40c so that should seem them funded.

    Agree with all comments above - re-assay/drill before any fund raise is the likely ourtome.

 
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