Insider Buying: Indoor Skydive Australia Group Ltd (IDZ) Insider Acquires 450,000 Shares of Stock

Indoor Skydive Australia Group Ltd (ASX:IDZ) insider Wayne Jones bought 450,000 shares of the firm’s stock in a transaction that occurred on Friday, November 2nd. The stock was bought at an average cost of A$0.07 ($0.05) per share, for a total transaction of A$29,250.00 ($20,744.68).

Shares of IDZ remained flat at $A$0.07 ($0.05) during mid-day trading on Friday. The company has a current ratio of 0.17, a quick ratio of 0.13 and a debt-to-equity ratio of 49.00.

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About Indoor Skydive Australia Group

Indoor Skydive Australia Group Limited builds, develops, and operates various indoor skydiving facilities primarily in Australia. The company operates facilities under the iFly Downunder brand located at Penrith; the iFLY Gold Coast brand located at Queensland; and iFLY Perth brand located in Perth. It offers its facilities for use by tourists; enthusiasts; military, including Australian military; and active skydivers.

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