IDA indiana resources limited

Interesting indeed. So IDA does not receive 100% of any...

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    Interesting indeed. So IDA does not receive 100% of any successful litigation proceeds but will receive 83.7% of either 70% or 85% of the payout less the share claimed by the litigation funders. Working on a perhaps optimistic net ( After litigation funders fee) payout of $70 Million IDA would receive either $41.7 Million or $49.8 Million and in the event of a much more modest payout of $50 million IDA would receive either $29.3 Million or $35.6 Million
    Still a fantastic windfall for the company but certainly not the $100 Million loosely talked about. Heres hoping the LRI mob are unsuccessful in their dispute.

 
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Last
8.3¢
Change
-0.001(1.19%)
Mkt cap ! $53.34M
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8.5¢ 8.5¢ 8.3¢ $71.76K 849.3K

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7 380331 8.3¢
 

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Price($) Vol. No.
8.4¢ 31835 1
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Last trade - 15.58pm 26/06/2025 (20 minute delay) ?
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