IVX need this capital, to maintain their independence in partnering discussions.
A strong capital position will allow a more positive negotiation for Invion, if we're not desperate for the money to survive, potential partners or Buyers will have to pay a reasonable amount (rather than fire sale pricing for distressed stocks).
Don't look forward to the dilution, but it's a necessity, still positive here.
Good Luck.
Ann: Trading Halt, page-13
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $13.63M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $7.612K | 3.753M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5729449 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 12383990 | 52 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| IVX (ASX) Chart |