August 2006 saw Invensys shares Consolidated 10:1 - so don't attempt to sell what you don't own...the current price equates to about 17p near the time of the Rights Issue, which was at 15p. The sghares reached 25p until the Rights issue reminded everyone that ISYS is hugely in debt to its Pensioners. Directors appear to need more money, as usual.
About 95% of shareholders took up this Rights Issue....and we have to welcom the ex-Marconi Financial Director, Steve Hare - you'd think he'd keep his head down wouldn't you? Now might be a good time to sell, - but watch that Consolidation. These shares have further to go.

An article with some technical info on www.uk-analyst.com