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News: LNG Liquefied Natural Gas Administrators Got Orders From Court Confirming They Are Justified..., page-4

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dmurphydrtc

435 Posts.

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16/07/20

19:01

Post #: 45918606
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Originally posted by mrwalker: ↑

I don't know why I'm bothering with this but I have always wondered what the reaction from IDG has been in regards to the decimation of their investment. It's an excerpt from their Final Results Y/E 20/3/2020 which was published to their site on 24th June. The last paragraph is particularly interesting. They had the chance to do something about it but the only ones who could perhaps provide an answer why they didn't would be the administrators. Good luck with that one. The link at the bottom is for the whole 67 page document.

IDG excerpt.pdf

https://moebius.asia/Documents/company/reports/listedco/listconews/sehk/2020/0624/2020062401592.pdf

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As an ex holder who got out intact, I thank you. I hope the other holders who got burned also manage to recover their losses down the track. I'm sure Greg and his brother will go on the list of company directors to avoid. Useless.

LNG Price at posting: 4.3¢ Sentiment: None Disclosure: Not Held
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