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Provides refreshingly forthright, objective comment on small cap companies. Informed opinion, based on first-hand research, but pulls no punches in exposing management weaknesses.
The Indian Film Company: IC update
Posted 16/02/10
Since September 2009 Network 18 Holdings Limited and its associates own in aggregate 80.4% of the existing issued ordinary share capital of the Company.
Half yearly results to end September weren’t great and it’s extremely hard to see what value is in this stock for minority shareholders
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INDIAN FILM COMPANY - Disgruntled shareholders haven’t actually elaborated on what they intend
Posted 20/01/09
I find it somewhat strange that the material shareholder (Altima Indian Master Fund) proposing the removal and replacement of 2 of the current Directors of the AIM quoted Indian Film Company hasn’t actually provided a full ‘formal’ explanation of reasons for suggesting this ‘drastic’ course of action. Altima has formed the IFC Requisition Group (‘IFCRG’) to engineer this, currently claiming the support of 32% of the shareholders.
Continue reading... | Permalink | Filed under The Indian Film Company
