IDC 0.00% 0.0¢ indochine mining limited

Indochine Mining Notice of Annual General Meeting, page-7

  1. 1,375 Posts.
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    If I read the documents correctly there are currently approx 32m shares on issue of IDC - major consolidation there.
    The GM will vote to issue shares to directors that will inflate that to 42m SOI.
    An increase of 21%, I guess there is no money to pay them so they get shares.
    Nice if the company can somehow rise from the ashes - the directors have won the mining lotto but what are the odds?

    Nothing to see here, move along.
 
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