Has it still not dawned on you that there is no WG at IGS?
That IGS listed as not a going concern as of the Auditors notes.
That the ASX has made inquiries as to whether is was and IGS stated WG as the reason they are??
Did you not see that as of 30 Sept 2015 only $51,000 was in the bank.
With $45,000 listed a coming Q Admin fees??
Did you miss the bit where listing IGS will have to meet listing rules 1-2 asset test!
As at 30 June 2015, the consolidated entity had net current liabilities of $3,265,760 and its total liabilities exceeded its total assets by $2,238,812.
And now they are giving away a % of another asset! Which one would think may affect the $2,238812.
Another ASX inquiry may well be on its way.
One thing is for sure. If the WG going ahead. The .005c will not be applied. The dilution will be hideous!!
Yip. By the Okap play book.
Oh but it's all different this time.
IGS Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held
