IPM incremental petroleum limited

3 months ago a share placement at $1 and a spp. holders then...

  1. 37 Posts.
    3 months ago a share placement at $1 and a spp. holders then received a 3c dividend. now a buyback with shares not much lower priced. seems a bit strange or are their recent discoveries going to give them their previously needed working capital so soon that they no longer need these funds which are only a small proportion of the amounts they raised?
 
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Currently unlisted public company.

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