It would appear that around 200million new shares will be issued to raise up to $6million.
From memory IDC just hit the 1 billion share issue.
Dilution again is massive. Our company is becoming cheaper and cheaper all the time.
Not a buy in my book.
But sure has made a lot of IDC holders head for the very bottom draw. My IDC shares are at the very back under many layers of old sox.
What price the CR? Anyone want to take a guess?
Add to My Watchlist
What is My Watchlist?