Based on the below structure, you would expect IDA to receive 83.7% of the $67m USD (90m award less 23m legals). That means IDA would receive $56m USD (~83m AUD). 618m shares on issue ~$0.135/share in cash.
The volume selling today is probably the entitlement shares being offloaded for a quick buck. With a fair amount of the register being traded.
Ann: US$90 Million Settlement With Tanzania, page-31
Add IDA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.0¢ |
Change
-0.005(5.88%) |
Mkt cap ! $50.74M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.8¢ | 7.5¢ | $2.633M | 31.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 458884 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 637471 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| IDA (ASX) Chart |