I seriously doubt that will be the split as a SPP would allow you to apply for ~ 230,000 at 13c. To get the same amount at 12 to 1 you would need to hold ~ 2.76 million shares. IF its 12 to 1 it will have to be renounceable. I will be putting in for as many as I can afford if so.
IVZ Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
