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.
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Last
4.9¢ |
Change
0.003(6.52%) |
Mkt cap ! $30.89M |
Open | High | Low | Value | Volume |
4.6¢ | 5.1¢ | 4.6¢ | $209.3K | 4.338M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 106993 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 448423 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 106993 | 0.048 |
1 | 170212 | 0.047 |
4 | 441223 | 0.046 |
3 | 342777 | 0.045 |
3 | 2702222 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 413695 | 5 |
0.050 | 1146182 | 6 |
0.051 | 235983 | 3 |
0.052 | 40000 | 1 |
0.053 | 400000 | 1 |
Last trade - 14.13pm 19/09/2025 (20 minute delay) ? |
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IDA (ASX) Chart |