IIQ 1.15% 44.0¢ inoviq ltd

Ann: Becoming a substantial holder, page-41

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  1. Al.
    198 Posts.
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    The substantial holder CS has 5.3% - so they bought in big time and now hold some $16million worth of shares
    some 4 million of those shares or approx $12 million are subject to a lending agreement - does this mean they’re’ borrowing money at 2% to buy into BD1 or is it an option eg they purchase an insurance policy which means if their long investment currently worth $16mil drops they can still sell $12 mil @ current prices. The seller of the option must be pretty confident either they want the shares either way and / or they don’t think it’s dropping,

    long story short they are cleverer than me but we have one thing in common - BD1 , and they like it to the tune of $16mil

    100%/100%

    #diamondhands
 
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Last
44.0¢
Change
0.005(1.15%)
Mkt cap ! $49.07M
Open High Low Value Volume
43.5¢ 44.0¢ 43.0¢ $12.55K 28.78K

Buyers (Bids)

No. Vol. Price($)
2 33459 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 8500 1
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