You might have confused decimal places.
The market price is 1.5 cents per share.
The rights price is 0.2 cents per share.
As w27 says, it's less that one seventh of the market price.
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12.5¢

Understanding rights issue, and panic selling., page-11
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.59M |
Open | High | Low | Value | Volume |
13.0¢ | 13.5¢ | 12.5¢ | $15.62K | 118.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 213400 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 57707 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 205000 | 0.120 |
2 | 227489 | 0.115 |
3 | 20320 | 0.105 |
4 | 45300 | 0.100 |
1 | 51020 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 42107 | 1 |
0.140 | 12162 | 2 |
0.145 | 32000 | 1 |
0.150 | 146065 | 4 |
0.155 | 10000 | 1 |
Last trade - 14.46pm 20/06/2025 (20 minute delay) ? |
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IVX (ASX) Chart |