I personally don't see a CR at this point, they already have a funding deal locked in place with guaranteed monthly payments so shouldn't need more cash.
I'm thinking this is more about the total shares and massively reducing that so it looks a bit nicer to those big insto's, pretty sure they all but rule out companies if they have too many shares on offer.
Seems like a strategic move to better position themselves to move forward in the coming months/years.
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Last
9.6¢ |
Change
-0.004(4.00%) |
Mkt cap ! $8.199M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.6¢ | $5.005K | 50.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75868 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 278199 | 3 |
View Market Depth
| Last trade - 15.03pm 31/07/2025 (20 minute delay) ? |
| IVX (ASX) Chart |