IDG indago resources ltd

vote for gli, page-8

  1. 20,457 Posts.
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    nightstalker as I said previously the current rise in share price is only because GLI have been buying up on market recently, if it wasnt for GLI buying up the share price IDG would likely still be trading around .30 - .50 as current management have done nothing to bring value to shareholders or have not bought substantial amounts on market considering there ridiculous annual income from IDG.

    The GLI directors have only been on the board since march 09 which is 4 months have to give the board a bit more time then that to prove themselves, but with IDG the company is set up for them to move it forward quicker & aggresively, what stops GLI from doing a raising? nothing personally would not bother me if GLI came on board & placed stock at "current levels not below" to some serious investors that will support the share price, rather then current management raising funds to block anyone from attempting to remove them again.

    As for your theory that the the GLI directors will sell everything & take the money is rather over the top & very illegal hard to see how they would pull that off.

    Will the share price go up or down if GLI take control is anyones guess, but going by the current IDG board performance im willing to take the risk & vote for GLI directors to come in.

    In the end everyone has to make up there own mind, im voting YES to remove the current IDG directors, whatever happens happens.


    dyor
 
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