IDA indiana resources limited

takeover bid incoming or do they just want the divvies... seems...

  1. 30 Posts.
    lightbulb Created with Sketch. 19
    takeover bid incoming or do they just want the divvies... seems to be reasonably clever buying without pumping the price, unless they have gobbled up some from the big boys selling out. look up David Lamm (NGE signatory), brother Raphael Lamm (L1 capital) and their family members, history of activist investments and have strong connections among Melbourne family offices / HNW holders (e.g. got a syndicate to put $120m into Mesoblast). once next payment hits will be a massive cash shell and register is weak with lots of smallish holders, 20-25% might get you control over $100m aussie. IMO money's not safe until it's in the hands of shareholders and the sooner the better.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.8¢
Change
0.000(0.00%)
Mkt cap ! $56.56M
Open High Low Value Volume
8.7¢ 8.8¢ 8.7¢ $62.56K 711.2K

Buyers (Bids)

No. Vol. Price($)
3 630474 8.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 33730 2
View Market Depth
Last trade - 15.56pm 25/07/2025 (20 minute delay) ?
IDA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.