IVA 0.00% 21.5¢ inova resources limited

Share trades like this can happen in a number of ways1. A buyer...

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    Share trades like this can happen in a number of ways

    1. A buyer purchases the whole 57% stake (normally at a discount to the current share price) or

    2. A number of institutions buy the stake and so each get a substantial share holding (normally at a discount to the current share price)

    A third option, though rarely used is that it is offered to current shareholders (normally at a discount to the current share price).

    These volumes are not normally sold on market as the weight of the number of shares would depress the price too much.

    HT1
 
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Currently unlisted public company.

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