Now that IVZ is basically left $13.5 million short of what they would have planned for, I believe Scott & co. can turn this negative in to a positive, by using this shortage as leverage with the govt, to get the PPSA signed asap. They will argue that the funding issues can be immediately resolved with large institutional investors/banks evidently waiting in the wings and possibly following that, a farm in partner can jump onboard and get the ship moving again once the ink is dry.
We shall see!
IVZ Price at posting:
9.8¢ Sentiment: Hold Disclosure: Held
