Will the at least 5th CEO under Chairman Garry Sladden, Cameron Judson the IGN CEO since March 2023 and also an IGN director since March 2022 come thru on his statements at the 2023 AGM for IGN shareholders ‘… that shareholders will be pleasantly surprised at the NET profit result for the first half 2024…’ ?
Disclosure of vested interests : Octavium Capital Investment Pty Ltd (OCI) has been a significant shareholder of IGN since 2019.
OCI categorically does not support the various corporate activity initiated by the IGN board and CEO Cameron Judson at the end of 2023.
OCI in its opinion, believes that the current IGN board leadership of the last 10 years has effectively failed IGN shareholders financially as reflected in its latest corporate initiatives, its current share price and primarilly its financial performance of 10 straight years of operational & statutory losses of over $34m on a total of $1.3Billion+ of revenue.
IGN instigated a Takeover Panel application against OCI on the 7 February 2024, which the Takeover Panel declinedto conduct procedings at the first hearing 14February 2024.
Not investment, financial or any other advice. It is up to each investor to seek its own independent advice specific to their own individual circumstances. Similarly these are the stated views and opinions of Octavium Capital Investment Pty Ltd (OCI) only.
IGN First half FYE 2024 NET profit figure.
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