re: Ann: Invion announces Rights Issue Entitl...
I agree Matakas.
It would make no sense selling today to pay for the rights issue shares, because any u sell before close of market tomorow will not count towards your allocation of rights issue shares. It would make more sense to sell a small amount on Monday to pay for your allocation. Or better yet, hold off until closer to the close off date, in which time the SP might be much higher :)
I however added to my position yesterday and will be taking up my allocation + some shortfall if available. Had to reshuffle my portfolio and am now overweight in ivx, but the risk vs reward on this one is too good to pass up this buying opp
IVX Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
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