Tanzania would be better off, if they spend $125,000 (or more) buying IDA shares now.
They will inevitably have to pay up, IDA shares will surge, and Tanzania can then recover some cost by selling shares - or they can wait for dividends.
That would be almost like buying their own distressed debt, for a fraction of the price.
There's not that much IDA shares on offer, but that way Tanzania could still save significant sum (if Bronwyn's 30c sp estimate is correct, $1M now might become $5M later).
Tanzania would be better off, if they spend $125,000 (or more)...
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Last
8.1¢ |
Change
0.001(0.62%) |
Mkt cap ! $49.46M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.1¢ | 8.0¢ | $162.1K | 2.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 228953 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.1¢ | 414998 | 2 |
View Market Depth
| Last trade - 14.29pm 03/05/2024 (20 minute delay) ? |
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Last
8.0¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 8.0¢ | 8.0¢ | 8.0¢ | 66700 | ||
| Last updated 14.07pm 03/05/2024 ? | |||||
| IDA (ASX) Chart |