Maybe this the reason
Intrepid shareholders overwhelmingly approve
settlement of the Indonesian dispute for a
US$80 million cash consideration
Brisbane, 09 April 2014: Intrepid Mines Limited (ASX, TSX: ‘IAU’) (“Intrepid”, or the
“Company”), is pleased to advise that shareholders have voted overwhelmingly in favour
of the Intrepid Board’s recommended settlement of the Indonesian dispute. Formal
completion of the transaction following this positive result is expected to occur on
10 April 2014, with the funds expected to be in the Company’s account in the following days.
Managing Director Scott Lowe said “We are very pleased that the shareholders have
endorsed the board’s recommended commercial settlement of the Indonesian dispute.
It is particularly encouraging that the vote for the resolution is the highest in the Company’s
history. We now look forward to presenting shareholders with a choice regarding the
deployment of the funds.”
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Last
30.5¢ |
Change
0.005(1.67%) |
Mkt cap ! $174.7M |
Open | High | Low | Value | Volume |
30.5¢ | 31.5¢ | 30.0¢ | $170.7K | 556.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 108875 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 108875 | 0.305 |
9 | 329347 | 0.300 |
8 | 84954 | 0.295 |
9 | 193489 | 0.290 |
2 | 85105 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 10000 | 1 |
0.315 | 69235 | 1 |
0.320 | 8001 | 2 |
0.325 | 183311 | 1 |
0.330 | 116927 | 6 |
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