C'mon people. The CR was well handled by SM and APC. I would bet London to a brick PAC were pushing the price up to 30 cents prior to the raise being finalised. This resulted in less dilution from the CR if the share price was back down in the low 20s.
The overhang in the stock will be lapped up eventually. Ask yourself who is buying the 30m odd over the past 2 days.
Come mid next week the price will start firming up again and two weeks later when we get close to the 200 horizon it will probably be around 40 cents.
IVZ Share Price, page-5211
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