IDL 0.00% $1.27 industrea limited

Something does smell funny about all of this ... considering the...

  1. 163 Posts.
    Something does smell funny about all of this ... considering the SP history 1.27 doesn't seem like a price that management would be jumping up and down about (unless they think that their market is about to completely tank)

    And this condition concerns me:
    The SIA contains customary exclusivity arrangements including no-talk, no shop, notification and matching right obligations (subject to customary fiduciary carveouts) and break fee obligations on Industrea in certain circumstances

    Sounds like IDL management have signed up to a deal that make it pretty tough to entertain other offers!?!?!?
 
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