IDG 0.00% $3.50 indago resources ltd

is it close to death?

  1. 15 Posts.
    lightbulb Created with Sketch. 1
    Well, I expect to see more of the same really. Two directors who have recommended de-listing the company and then buying it for half it's net asset value. I assume that as they have accumulated a majority holding that the remaining shareholders will have no capacity to influence the vote at all.
    Am I interpreting this correctly?
 
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Currently unlisted public company.

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