IVX 12.5% 0.4¢ invion limited

Invion will prevail, page-23

  1. 1,072 Posts.
    lightbulb Created with Sketch. 126
    they can't CR for ph3 , its $100m + investment. Maybe $200m-300m. ivx can't raise 0.5m to start it off with no backing.

    they would only CR to buy more time to negotiate. That would be a hard sell, with no news. CEO still drawing his 200,000+ salary, shareholders gave him a payrise in 2013 I think. So I would want the management to cut their salaries if that was the case (maybe for options). Management's personal loans fall due in June/July from memory. If they extend that line of credit that would be good too. This points however to major crunch time in the next 4 weeks.

    A little wild card now is the NIH study results too... could come from left field.
    Last edited by twigman7: 27/04/16
 
watchlist Created with Sketch. Add IVX (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(12.5%)
Mkt cap ! $23.11M
Open High Low Value Volume
0.3¢ 0.4¢ 0.3¢ $5.119K 1.422M

Buyers (Bids)

No. Vol. Price($)
25 19915859 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 2220375 7
View Market Depth
Last trade - 14.32pm 30/07/2024 (20 minute delay) ?
IVX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.