It is clear the greatly discounted credit raise and oppies were too much and caused a huge drop in share price.If they were able to raise without the oppies, the price right now would probably be around 27c instead of 22c.
I bet if IVZ did a CR at 26c at zero oppies it would have still been massively oversubscribed.
That said, I think 22c was too big a drop and i bought more at 23 and 22c.
IVZ Share Price, page-4918
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