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Ann: IVR Announces Non-Renounceable 3 for7 Rights, page-6

  1. zereal
    989 Posts.
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    25/09/11
    11:47
    Post #: 9006624
    re: Ann: IVR Announces Non-Renounceable 3 for... Yeah good point saggy.

    At least the underwriting is not linked to the price of silver!

    I am unable to find the exact date of the underwriting agreement - do others know?

    If ASX200 was 4000-4100 at the date of agreement the index will need to be above 3600-3690 - lets hope it stays above these levels.

    Considering the big falls in the silver price, providing the ASX200 stays above the required levels this could prove to be a perfect time to do a cap raising.
    IVR Price at posting: 11.4¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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