Get real Pala knockers. Apart from Acorn, no other local Australian fund managers on our share register. What does that say? Lay blame on local investment apathy, lack of forsight or ignorance on Aust fundies, whatever takes your fancy. I have overall been quite impressed with cc and team over the last few years but it is apparent they have been outsmarted here by an astute investment house. Maybe a lot of expertise in exploration but not so much skill in allowing Pala/UBS 30% stake plus without sending share price north. I'll take an assured 40% gain in share price from here in the short term with corporate activity. Is this a better result than IGR at $1 plus in the medium term through building their business solo. No. But I will take what I get and move on if that is what eventuates. A nasty email to Pala??!! Yeah that will acheive a lot. Not!! Get real peeps.
IGR Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held