IVA 0.00% 21.5¢ inova resources limited

can some1 help me understand?

  1. 637 Posts.
    Rio Tinto is paying C$18.98 or AUD$18.35 per Ivanhoe share
    in its latest stake increase.

    Why then is IVA selling under AUD$1.60??!

    Is there a difference in the IVA shares Rio is buying versus the ones trading on the ASX?

    Totally befuddling...

    i am interested in IVA but need to find out more b4 taking the plunge.

    Enlightenment any1?
 
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Currently unlisted public company.

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