indeed - it looks like a complete clusterfu** to me... You call howl to the moon for all the good it'll do - IBR shareholders have been shafted, and IMO well before this deal was tabled - anyone who has carefully researched all the ann. could have worked that one out.
Now options are narrowing down - take the path of least resistance and try to recoup some of your investments, or hang in there for the tough haul.
I'll be dropping my TMRs like a hot potato and buying a new Monaro - or quality stock like BHP
IBR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held