IZM 0.00% 0.2¢ intercept minerals ltd

Sorry to hear that. IMO the xTV deal is wealth destroying to...

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  1. 461 Posts.
    Sorry to hear that. IMO the xTV deal is wealth destroying to existing IZM holders and IMO very risky for those who buy in before December 3. Hundreds of millions of shares have been issued pre consolidation at .2c with the end result that IZM has almost a billion shares on offer and then hundreds and hundreds of millions of shares have been given out post consolidation which will leave xTV with 892,000,000 shares on offer post consolidation. Almost 30% of these are in the hands of capital raising brokers. Think about it.
 
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