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?
Question? Was the placement at $0.14 or $0.07? If the shares are...
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Mkt cap ! $32.12M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $5.226K | 1.262M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 22452399 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6922025 | 23 |
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