Brokers only care about themselves, not the company they are raising money for. The Board of IVN lacks someone with good corporate finance experience so unsurprising they do not know how to manage brokers / cap raises. In order to maintain any kind of share price momentum they need to announce very strong basin margin exploration targets. On the back of this I can see the share price recovering to the low 30s next week. Theoretically could go higher if basin margin plays are exceptional. I will be topping up when the trading halt is lifted and if I'm lucky I will be able to buy more IVN sub 25c. This is another example of why you need to have a Board with a good mix of skill sets and finance skills are clearly lacking here. GLTA.
