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The latest announcement is out from Invion ( (AU:IVX) ).
Invion Limited has announced a pro rata non-renounceable entitlement offer, providing 77 Loyalty Options for every 100 existing shares at 1.5 cents per option, aiming to raise approximately $1 million. This offer includes a Piggy-Back Option for eligible option holders, which could impact Invion’s financial position and capital structure, potentially affecting shareholder control and market dynamics.
More about Invion
YTD Price Performance: -55.36%
Average Trading Volume: 101,227
Technical Sentiment Signal: Sell
Current Market Cap: A$10.59M
See more insights into IVX stock on TipRanks’ Stock Analysis page.