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
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.81M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $15.39K | 4.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 19778023 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2194077 | 7 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| IVX (ASX) Chart |