IDA 1.05% 9.4¢ indiana resources limited

Not exactly sure what we end up with but if it's 90 mill Au they...

  1. 1,866 Posts.
    lightbulb Created with Sketch. 453
    Not exactly sure what we end up with but if it's 90 mill Au they keep 15 and distribute 75 million divided by 617 million shares your 12 cent number is on the money.

    Be interesting to see what tax losses are available to pass on and give us some tax credits.

    Also think this announcement is timely Tanzania has to effectively present it's case to the tribunal on the 15th of march.

    It's one thing and easy to ask for annulment under a certain criteria but now they have to provide detail to justify it, I won't be surprised if they accept their position is futile and withdraw, we could have our cash by May.
 
watchlist Created with Sketch. Add IDA (ASX) to my watchlist
(20min delay)
Last
9.4¢
Change
-0.001(1.05%)
Mkt cap ! $59.63M
Open High Low Value Volume
9.5¢ 9.5¢ 9.4¢ $98.87K 1.048M

Buyers (Bids)

No. Vol. Price($)
2 604818 9.4¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 499763 3
View Market Depth
Last trade - 15.57pm 20/09/2024 (20 minute delay) ?
IDA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.