IVZ 2.74% 7.1¢ invictus energy ltd

Farm In / Finance, page-40

  1. 634 Posts.
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    Glass half full perspective on this could be given managements lack of addressing market sentiment could be seen as a good sign that the market will not be tapped for (to much) capital in the future and/or that they are exceptionally busy getting on with the job that updating retail markets are getting sidelined.

    Also, Scott himself has 70M shares, so even if the SP drops to 10c he still has gains from this company of personal net worth of $7M + annual salary. Some (and Scott himself) have stated that he has devoted his later career to this expedition and IVZ so would not let SP slip. However, for an engineer come company director that's not a bad package to date. Could it be better? Absolutely, but would the board miss having a share price of 0.30c at the moment propped up by speculators? No, because even if we hit 0.50c a share in the next 2 weeks it would be suicide for a board member to sell down before drilling begins, as this would be interpreted as lack of confidence starting a SP landslidde. Experience shows that SH find it difficult to unite and downvote director incentives at AGMs unless the board are exceptionally reckless.with the SP like above. Sophs + funds don't care because they benefit from a SP that is performing under par,

    Unofrtunately for us. The only reason for releasing news to the market before a main company defining event is to keep VWAP up for a multitude of reasons. Otherwise, as a board member, you are just wasting time keeping retail markets happy with news releases, unless there is nothing better to do. Hence why you are only seeing the absolute bare minimum at the moment.
    Last edited by opteron: 05/04/22
 
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