As I've been saying for a while now, this stock has been running...

  1. 22,728 Posts.
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    As I've been saying for a while now, this stock has been running hard,

    on NO news.

    The R.I. was announced on 31/8/2017, but until

    the company presented an ann. on the 12 Feb.

    I'd say most holders in this stock weren't aware of this,

    (the R.I.), and started panic selling. Why sell, no idea.

    One needs to remember that only CURRENT SHAREHOLDERS,

    are eligible to buy the new issue shares.

    # If you/anybody bought shares at 1.7 cents, with your full entitlement

    of the .2 cent shares, your av. price would be 1.36 cents,

    or an 'advantage' of around 26%

    Getting an issue of only 8/27 of shares held, 29 % increase,

    not a really earth shattering volume of new shares.

    Selling ONLY the R.I. shares, at 2 cents, would see

    a 900% profit, on those shares only.

    Selling R.I. shares at 1.7 cents, would give 750% profit,

    again, only on those shares bought at .2cents.

    Definitely will be some profit taking when people get their allotment

    of new shares, but at around 26% profit,

    a lot of L/T holders probably may not do so.
 
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Last
12.5¢
Change
-0.010(7.41%)
Mkt cap ! $10.59M
Open High Low Value Volume
13.5¢ 13.5¢ 12.5¢ $3.059K 22.72K

Buyers (Bids)

No. Vol. Price($)
1 24857 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 12162 2
View Market Depth
Last trade - 15.34pm 19/06/2025 (20 minute delay) ?
IVX (ASX) Chart
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