IVZ 2.47% 7.9¢ invictus energy ltd

Ann: $15m raised to fund Well Test & Cabora Bassa Operations, page-261

  1. 5,758 Posts.
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    who’s blaming the company you monkey?

    I’d nearly free carried my oppies but do I want to see the value decimated by poor financial choices?

    there was no reason to raise with free options on this one. Closing the door on the data room was a mistake as well. Always keep options open as a junior. There has to be some accountability for where we are at now. Sitting at the same price as before a double discovery is ridiculous.

    let’s be honest here, with what he said at the last chat, we can expect a further two or three raises if he wants to take this through appraisal phase - so what’s to stop the rinse and repeat at these levels?

    only way is to take your cut and end up with some free options


 
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