Question? Was the placement at $0.14 or $0.07? If the shares are issued at 0.14 for $4.5m, but then Invion is required to pay half of this back to Cho Group as a 'contribution' ($2.25m, look at the announcement fine print) then hasn't Cho more or less received a bundle of shares for 0.07?? Looks like amazingly good spin, but is my maths right? Anyone agree?
Ann: Release of securities from escrow, page-3
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $26.41M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $500 | 125K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 12434395 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5290539 | 23 |
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| Last trade - 10.04am 04/07/2024 (20 minute delay) ? |
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