IMP imperial corporation limited

re: 1:4 rights issue I bought today - had my order at 1.7 and...

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    re: 1:4 rights issue I bought today - had my order at 1.7 and clicked proceed.

    commsec said trading halt in progress - was a bit annoyed, thinking I had missed the boat on some exciting news to drive it north.

    How funny, ended up getting on at 1.5c after it was released.

    Am happy with this, yes it was a bummer with the placement, they should have got it another way, but then I think we all know it is going in the right direction.

    They would have known what effect the placement would have on the sp and must have figured this was the best way, for whatever reason...

    Must be good news coming, as I'm sure they wouldn't want to let this run come to an end. They are just starting to build up market sentiment after so long...

    thoughts?
 
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