APHID1000 would like the Indiana Board to think about the following way to distribute capital to Shareholders.
Compulsory Bayback;
* Indiana currently has 642,732,458 shares on issue.
* Half the reported cash balance is circa $35 million.
* The Buyback is at the market price e.g. 8 cents per share.
* The number of Buyback shares equals 437,500,000 Indiana shares.
* The ratio of the Buyback equals 0.6807 of a share owned, thus if you owned now 100,000 shares, Indiana would Buyback 68,069 shares and you would receive $5,445.42 in cash. And still own 31,931 shares.
* Taxation is worked out on a gain or loss using 8c per share.
THEN IMPORTANTLY Indiana post the Compulsory Buyback would have;
# 205,000,000 shares on Issue,
# If we still had half of our stated cash that equals 17c per share,
# Add our great EL,s we should have a good Mkt Capitalisation.
Food for thought as this ATO stuff has taken way to long and IMO is not Optimal.
- Forums
- ASX - By Stock
- IDA
- Return of Funds
IDA
indiana resources limited
Add to My Watchlist
3.90%
!
8.0¢

Return of Funds
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
8.0¢ |
Change
0.003(3.90%) |
Mkt cap ! $51.41M |
Open | High | Low | Value | Volume |
7.8¢ | 8.0¢ | 7.7¢ | $23.84K | 305.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 100905 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 406989 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 100905 | 0.076 |
1 | 319786 | 0.075 |
1 | 322020 | 0.074 |
1 | 6850 | 0.073 |
1 | 500000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 406989 | 6 |
0.082 | 57055 | 2 |
0.083 | 150000 | 2 |
0.084 | 206266 | 3 |
0.085 | 28972 | 1 |
Last trade - 13.36pm 13/06/2025 (20 minute delay) ? |
Featured News
IDA (ASX) Chart |