IPA 0.00% 4.5¢ indigo properties australia limited

response to my questions re debt

  1. 52 Posts.
    Thank you for your email.

    Indigo Pacific has no debt and therefore no exposure to the US sub-prime
    problems.

    This was reiterated to the market in our profit guidance announcement on
    18 December 2007 when we stated:


    "Indigo Pacific has no debt and zero exposure to the US sub-prime
    lending market," he said.

    There is no valid reason for the drop in Indigo Pacific share price. We
    will announce the half year profit around 26 February which should ease
    shareholder concerns.


    Regards,


    Steve Mackay

    Managing Director

    Indigo Pacific Capital Limited

    *Phone : 07 3018 4888 or 0414 957629
    **Fax : 07 3018 4848

    [email protected]

    www.indipac.com.au
 
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