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7.2¢ invex therapeutics ltd

Ann: Trading Halt, page-38

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bennyjwills

789 Posts.

88

18/05/20

19:27

Post #: 44687752
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Originally posted by edb11: ↑

Interesting debate on all of this.

The only thing I keep coming back to is self-interest. Just remember that management hold a significant portion and are only taking wages of $70k P/A at the moment, so anything that discounts the SP hurts them more than all of us. That would surely be in the back of their mind when they committed to this strategy.

Also, just because the raise is at $1.30, doesn't mean it traces back to that, if the results blow our socks off it could still close higher than $1.50 now. I also wonder if a lot of the buying in recent times has been to actually push the price up already to ensure a $1.30 cap raise.

It might be some short-term pain, but 6 weeks ago you could get this at 50c so let's not complain too hard about a more than 150% increase in 6 weeks, a positive result, and capital to see us through to end of phase 3.

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Nice summary. I for one believe if the results re positive we will close above $1.49 on Friday. There's bugger all shares on issue here and they are tightly held. It kind of sucks when they do these raises for "sophisticated investors" but at the same time you can understand why they do it for speed and to save costs. If this company goes, where I think it will, $1.30 will be left in the dust. Good luck all

IXC Price at posting: $1.50 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.2¢		Change 0.000(0.00%)		Mkt cap ! $5.411M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	38792	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
8.3¢	4000	1

View Market Depth

No.	Vol.	Price($)
1	38792	0.072
1	100000	0.063
1	100000	0.062
1	150000	0.060
1	100000	0.052

Price($)	Vol.	No.
0.083	4000	1
0.085	1000	1
0.090	126146	1
0.095	100000	1
0.100	5755	1

Last trade - 07.00am 23/07/2024 (20 minute delay)

IXC (ASX) Chart

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