IMM 4.41% 35.5¢ immutep limited

The issue price isn't locked at 15c, it is the lesser of either...

  1. 119 Posts.
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    The issue price isn't locked at 15c, it is the lesser of either 15c or the VWAP of the 5 days up to and including today, minus 10%, rounded down to the nearest whole cent.

    By my reading of that, at the current VWAP, issue will be 14c. If VWAP drops to 15.55 issue should be 13c (15.55 x 0.9 = 13.995, down to nearest whole cent)
 
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