Question? Was the placement at $0.14 or $0.07? If the shares are issued at 0.14 for $4.5m, but then Invion is required to pay half of this back to Cho Group as a 'contribution' ($2.25m, look at the announcement fine print) then hasn't Cho more or less received a bundle of shares for 0.07?? Looks like amazingly good spin, but is my maths right? Anyone agree?
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.43M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.5¢ | $3.286K | 26.26K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24920 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 9938 | 1 |
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| Last trade - 15.31pm 17/06/2025 (20 minute delay) ? |
| IVX (ASX) Chart |