IDG indago resources ltd
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where to from here, page-7

  1. NightStalker
    5,802 Posts.
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    23/10/09
    10:16
    Post #: 5821105
    Engo - I think it's called spending money to make money. So they spend $4 million to gain absolute control of the cash kitty (almost $20 million if memory serves) plus the proceeds of all the sales, spinoffs, and cap raisings.

    Seems like a no-brainer to me...

    IDG Price at posting: 25.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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