IMM 4.49% 40.8¢ immutep limited

what happened?, page-4

  1. 1,049 Posts.
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    April 9th release

    "The offer price per New Share will be equal to a 5% discount to the volume weighted average price of Prima shares on ASX (“VWAP”) during the ten (10) trading days prior to the day on which the New Shares issued under the SPP are issued (which is expected to be Friday, 17 May 2013) (“Offer Price”)."

    Looks like an attempt to get the vwap down.
 
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