IDA indiana resources limited
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Return of Funds, page-5

  1. Aphid1000
    430 Posts.
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    04/06/25
    17:24
    Post #: 79316459
    IMHO, we have a negative Enterprise Value (EPV) for a text book 101 Reason.

    Moving on from our disgraceful EPV, a Compulsory Buyback as explained above is easy to implement.

    IN HINDSIGHT IMO, a Buyback should have been actioned at 12c in December 2024 instead of the Unfranked Dividend.

    Anyway a slow Return of Capital benefits some over the majority of us.

    We need massive change so as to extract value.

    We IMO could and should be trading at 20c, however the Text Book IMO is CORRECT this time.
    IDA Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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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
Last trade - 13.36pm 13/06/2025 (20 minute delay) ?
IDA (ASX) Chart
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