IDG 0.00% $3.50 indago resources ltd

cheapest aussie dollar cash box on the asx

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    Total Class Issue 6,209,865
    Market Capitalisation $32,912,290

    Qtly cash in bank: $63.3 million


    There are also options outstanding:
    Symbol IDGOA
    Issuer Name INDAGO RESOURCES LTD
    Security Description OPTION EXPIRING 31-OCT-2014
    Total Class Issue 1,858,520
    Issuing Currency Dollars (Australia)
    Expiry Date 31/10/2014
    Exercise Price $3.5000

    on a diluted basis: $69.5 million on excercising of oppies

    shares on offer: 8,068,385

    cash per share diluted is $8.61

    38% discount to cash backing

    And another 2 million shares planned to buyback should increase this even further
 
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Currently unlisted public company.

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