IDA 4.55% 10.5¢ indiana resources limited

so its (67 % of US$90M minus costs US23M minus the company...

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  1. 622 Posts.
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    so its (67 % of US$90M minus costs US23M minus the company retaining say US$3-4M) x 1.5x exchange rate = AUD$54M for shareholders @ 600M shares. Barely over 9 cents. But of course the lawyers get their money, in full and on time. Not a good deal for the long wait that was almost over..
 
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10.5¢
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10.5¢ 10.5¢ 10.5¢ $10.5K 100K

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8 2131066 10.5¢
 

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11.0¢ 3566436 18
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