IDL 0.00% $1.27 industrea limited

I read the announcement and it just seems fishy. A company that...

  1. 81 Posts.
    I read the announcement and it just seems fishy. A company that traded at 1.50 just a year back has management jumping on a 1.27 offer. I don't think there's much coming to retail holders from the sale -agreed value computation for IMS. If I were to hazard a guess - I would say IMS isnt selling.

    Just don't understand why management sounds happy!!!

    Anyways, I got out in the morning at 1.25 with a 25% profit but some here would be making a loss.
 
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