And now, reading the announcement put out this morning by BIV (name change from GLI), the shenanigans start.
They have next to no cash, they reserve the right to sell down some of their IDG shares or conduct a cap raising, they are investigating what to do with the gold prospects..... etc etc.
It all sounds VERY shonky stuff to me. But I won't say "I told you so" or that I posted right here that this lot were working to some shady agenda.
I think it's time to change my call from "Hold" to "Sell"
IDG Price at posting:
46.4¢ Sentiment: Sell Disclosure: Held
