Ann: Trading Halt, page-17

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KiwiHawkeye

171 Posts.

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02/07/24

16:06

Post #: 74570779
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Originally posted by BaulklikeGresh: ↑

If it’s paid out to shareholders as BB suggested, it depends on the terms of the distribution.

Ie.. if the figure was an even $100mill AUD to be distributed to share holders with the

634,371,246 shares on issue.

15.7c per share dividend minus costs associated with the transaction..

If the nominal value of your shares are $20,000 at 8.5c or 235k shares you may get a payout of $36,890 rough figures.

But then how many shareholders sell out is the question after the payout date.. The share price could halve or more and your $20,000 nominal value may now be $7000-10,000 if the share price sells off to 3-4c per share..

Depends on exploration results now whether the share price recovers or not, if indeed there is a sell off after payout.. Assuming that’s where this goes..

IMO DYOR

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Yes, definitely depends on the results from the drilling as to how long this stays above 5c which is probably why they did the CR to get started earlier than settlement date. They definitely have some assets but I still think some people will tank the price to 3-4c at least initially after any payout it provided. Given my plans for these shares i wouldn't mind if they kept a bit more and made some strategic acquisitions(which are ripe for the picking at this time) to help propel the company forward.

IDA Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.4¢		Change 0.000(0.00%)		Mkt cap ! $53.98M

Open	High	Low	Value	Volume
8.5¢	8.5¢	8.4¢	$59.54K	702.8K

Buyers (Bids)

No.	Vol.	Price($)
1	54617	8.4¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	331199	2

View Market Depth

No.	Vol.	Price($)
1	54617	0.084
4	74048	0.083
2	207600	0.082
2	126173	0.081
2	105000	0.080

Price($)	Vol.	No.
0.085	331199	2
0.086	16767	1
0.087	85040	1
0.088	540000	3
0.091	50000	1

Last trade - 11.03am 26/06/2025 (20 minute delay)

IDA (ASX) Chart

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