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world class ms and ipo

  1. lanek
    729 Posts.
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    05/11/06
    16:23
    Post #: 1904837
    Just tuned into the Boardroom Radio of 1/11/06 for IMA and was surpised to hear that an IPO of their Cu-Ni interests is to be spun off before year end. I haven't seen any ASX announcemnt about this yet.
    Current holders get bonus shares, an entitlement to contribs and preference for more if they so wish.
    This development - along with an apparent world class mineral sands discovery - probably explains the sp strength at the end of the week.
    IMA Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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