IDO
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0.00% 0.3¢ indo mines limited

strength, page-3

  1. Hotfire
    17,783 Posts.
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    23/02/11
    18:25
    Post #: 7941849
    not sure why a capital raise would be on your mind atm.

    They recently raised 20mil at 0.27 (Chinese Rockcheck) & 10mil at 0.27 (5mil went to Anglo) for a total of $8.1mil.

    Note Chinese have since increased their stake (on market) to 25mil.

    Pan Australian Nominees also have come on board.

    All this activity suggests some sort of news flow soon.
    IDO Price at posting: 40.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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