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
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IVX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.41M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 504966 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 505000 | 2 |
View Market Depth
| Last trade - 09.48am 25/07/2024 (20 minute delay) ? |
| IVX (ASX) Chart |
Day chart unavailable