This will continue to sell off until there is definitive news on...

This will continue to sell off until there is definitive news on PPSA and funding. I think Scott is probably a nice guy but unfortunately he has fallen into the trap of over promising and under delivering. I watched the last fireside chat and he assured investors that an agreement was imminent- it wasn’t. The fireside chat before that he assured investors they were exploring other options beside a much discounted cap raise - they didn’t. I want to believe what he says but the market clearly doesn’t.
There may be capping/manipulating going on but the one sure way to fix that is to deliver on your promises. IVZ hasn’t.
There is a lot of emotion on this thread and that is understandable given the share price. I think this will all get sorted out one way or another in the next couple of months. I hope for shareholders that is a positive resolution. For now though it is best to stay on the sidelines.