I don't think they will go under. They have a strong brand presence along with a good solid product range. It would be a shame if it did go under. The re-structure indicated that the company is now focusing on developing its position in the markets its penetrated over the last 18-24 months. The board seems somewhat competant. Not sure what to think about the spinoff, but the need for a brodging loan and further capital raising raisings creates obvious and legitimate fears amoung shareholders. I unfortunately hold a small parcel and will wait for further announcements. What are peoples thoughts?
IHG Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held