I suspect that the share price has been depressed by shareholders selling to take up the rights issue. At the current price this is still a very profitable strategy. I am a bit surprised that the price has held up as well as it has. It is a testament to the appeal of the assets.
SP v Entitlement offer price, page-2
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $20.44M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $26.46K | 13.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1994375 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10739626 | 50 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| IVX (ASX) Chart |