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3.85%

8.1¢ indiana resources limited

The only information available to investors are that: - Mr Ward...

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Hays

195 Posts.

31

15/03/24

13:28

Post #: 72905321
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Originally posted by Undaunted: ↑

Its bizarre that a group of apparently unrelated shareholders has requisitioned a meeting (without any reason provided) to remove a director (which the Board of IDA recommends shareholders vote in favour of) who as of yesterday has privately raised concerns about the governance of the company. This looks like a stich up to me and I hope Mr Ward pursues this matter after the meeting using the protections available to him under IDA's Whistleblower Policy, including airing allegations made by shareholders in the 1 September 2023 letter.

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The only information available to investors are that:
- Mr Ward is the target of a 249D notice;
- Mr Ward says that he doesn't want to go away (but I don't know why);
- The Board concurs with the 249D notice (but I don't know why).

Everything else is fantasy unless the Board and Mr Ward clarify their positions.

Last edited by Hays: 15/03/24

IDA Price at posting: 8.1¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 8.1¢		Change 0.003(3.85%)		Mkt cap ! $50.08M

Open	High	Low	Value	Volume
8.0¢	8.1¢	7.8¢	$23.84K	300.5K

Buyers (Bids)

No.	Vol.	Price($)
1	1000	8.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.1¢	549997	2

View Market Depth

No.	Vol.	Price($)
1	1000	0.080
1	25000	0.078
2	139870	0.077
1	10000	0.076
2	42000	0.075

Price($)	Vol.	No.
0.081	549997	2
0.082	100000	1
0.083	150000	1
0.085	147000	2
0.087	90000	1

Last trade - 16.10pm 14/05/2024 (20 minute delay)

IDA (ASX) Chart