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
IDG Price at posting:
$5.30 Sentiment: Buy Disclosure: Held