Australia's largest stock trading and investment forum Australia's #1 stock forum

IDA

Click for more information

0.00%

9.3¢ indiana resources limited

Your first ever post on IDA Jim? Hmmmmm..... It is a serious...

First 5 Last

Share
Profile

Follow
Aquanaut

1,267 Posts.

315

07/03/24

23:09

Post #: 72803803
Share

Originally posted by JimmyAnderson ↑

I am disappointed that the board is directing shareholders to vote in favour of removing Mr Ward as a director yet has given no reasons as to why we should vote in favour. I note the following paragraph has been included in the notice:

"This Explanatory Memorandum should be read in conjunction with and forms part of the
accompanying Notice. The purpose of this Explanatory Memorandum is to provide
information to Shareholders in deciding whether or not to pass the Resolutions in the Notice."

How are we supposed to know whether it is in our interests to have Mr Ward removed or not if we don't why they want him removed? There could be a perfectly good reason; or they could have a dubious reason.

Maybe all will be revealed at the meeting but I suspect that like me it will not be possible for most shareholders to attend and most will be voting in advance.

I would have thought removing a director is a serious matter the full reasons for which should be disclosed to shareholders. I'll be voting against.

Expand

Your first ever post on IDA Jim? Hmmmmm.....

It is a serious matter....

Very much

I'm voting FOR

Last edited by Aquanaut: 07/03/24

IDA Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
4 Upvote

2 Great analysis

Reply

Top Stories

Reporting wrap: Inghams, Accent, Mayne Pharma

The Rising Tide: How institutional adoption is shaping the future of crypto

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

NRX

Noronex kicks off EM survey at Humpback, Namibia – part of South32's earn-in deal to access Kalahari Copper Belt

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

There are more pages in this discussion • 12 more messages in this thread...

First 5 Last

Add IDA (ASX) to my watchlist

(20min delay)
Last 9.3¢		Change 0.000(0.00%)		Mkt cap ! $58.99M

Open	High	Low	Value	Volume
9.3¢	9.3¢	9.3¢	$5	53

Buyers (Bids)

No.	Vol.	Price($)
3	352313	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	50171	1

View Market Depth

No.	Vol.	Price($)
3	352313	0.091
1	100000	0.090
2	662801	0.089
1	100000	0.088
1	500000	0.087

Price($)	Vol.	No.
0.094	50171	1
0.095	89916	3
0.096	2000000	1
0.097	115000	2
0.098	77446	2

Last trade - 10.04am 23/08/2024 (20 minute delay)

IDA (ASX) Chart

SPONSORED BY