seriously cant work out what is going on here....
good management raise cash either when they desperately need it, OR at a time when they can get good value for the new scrip....
on face value IDG hardly meet either criteria. they have a healthy cash balance (at present) and the sp seems to be way too cheap for them to be handing out fresh scrip if they dont have too....(especially so recently after a 10/1 consolidation)....
really smells suss to me....they might have a nice story up their sleeve for some point in the future but such corporate governance tells me to steer clear of this. smoke & mirrors abound imho....
not looking too flash, page-8
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)