Saturday, 19 July 2014

Infrastructure India , Why you should buy 19/07/14

The latest RNS ;

Proposed Placing and Notice of Extraordinary General Meeting

Infrastructure India plc, the infrastructure fund investing directly into assets in India, announces that it is proposing to raise up to US$102 million (approximately £59.5 million) before expenses by way of a placing at a price of 18 pence per share, subject to shareholder approval (the "Placing").

A circular convening an Extraordinary General Meeting of the Company to be held at IOMA House, Hope Street, Douglas, Isle of Man, IM1 1APat 10:00 a.m. on 11 August 2014 to grant the Board authority to allot the Placing shares for cash on a non pre-emptive basis will be sent to shareholders today and will be available to download from the Company's website at

For Joe Bloggs ,

 GGIC now values their investment at £60 million for 75% .
Or in layman`s terms £80 million for 100% .
 19/07/14 value 14.5p per share or £50 million , discrepancy approximately 60% .
   Smashing value at up to 18p .
     If we went into actual net , ie what GGIC paid to begin with ,we would be over 90p per share . But that`s another story .

       And May

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