My intel is no Aus broker attached to IVZ raise and funding will come from somewhere else. But also hearing the raise is at 10c which is a nice premium, so this would be a surprise if correct.
But I still maintain IVZ’s timing of placements/CR’s is terrible and looking very amateurish imo. They have to do much better as this pathetic badly planned dilution only hurts us all.
Just flow test and we will all forget about all these low point raises I guess. I maintain not impressed with Scott and team. Good weekend to all.
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