IGC 0.00% 33.5¢ international goldfields limited..

I have a hunch about this announcement, that something isn't...

  1. 3,769 Posts.
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    I have a hunch about this announcement, that something isn't quite right. Why?

    I ask,

    Why put out a proposal after a trading halt, not a fully signed deal?

    Why put it out just after the cutoff time for trading yesterday?

    Why say its worth 49.9c per share when in fact they should have just come out and said its worth 39.9c per share?

    More questions,

    Is NKWE playing hardball?

    Is IGC playing smart and just getting a price out there for the company?

    Statements,

    The 6 month option agreement is up at the start of Feb.

    Watch early trading to see which way this one is going.

    Watch the newspapers in the next 48 hours to give us a direction.

    Just some thoughts/questions and DYOR.
 
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Currently unlisted public company.

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