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ILVN movement

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McPimp
Occasional Contributor
Hi all, Can someone please explain why ILVN is moving so rapidly?? And when are the rights being issued?
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6 REPLIES 6
SimonPB
Valued Contributor
ILVN is the right .. the movcement is based on ILV so will be more rapid as a % then ILV but same cent moves, albeit off smaller base ..
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McPimp
Occasional Contributor
makes sense.. How long are these NPL out for?? When is the last day to get them?
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kels
Contributor
Simon (or anyone) please explain: why would one buy ILV at about 3240 if uou could buy ILVN at about 490? After the rights issue surely 1 ILVN equals 1 ILV? If so why the price difference or am I missing something?
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MTJ
Contributor
1 ILVN + R27.69 Exercise price = 1 ILV
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kels
Contributor
Got it! Thanks MTJ
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McPimp
Occasional Contributor
Cool thnaks.. One last question, for how long are these NPL's on offer?
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