The current offer is a two for seven rights issue, fully underwritten. It does not matter to the Company if shareholders support the issue or not, they will get their money. It is fully underwritten by Morgans and Pattersons. Shareholders are very foolish if they do not take up their entitlement, if they are able.
IVX Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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