IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Trading Halt, page-210

  1. 3 Posts.
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    I disagree Portiss. I don’t think Scott’s comments were misleading. I think you interpreted them the wrong way.

    I think in time there will be alternative funding options and sooner than what would normally be expected for a gas exploration company.

    As a pre revenue company I am glad IVZ is not trying to debt fund the next stage. How would IVZ make repayments? Further capital raisings?

    What is a ceo meant to say when asked if another credit raise is coming?

    I think given the circumstances this is a clever raise with 60% going to existing holders with an entitlement offer.

    If existing holders don’t think the offer represents value for money post discovery. I guess the soph’s can take up the shortfall.

    Appreciate your posts and commentary Portiss, keep it up.

 
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