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4.00% 7.2¢ invictus energy ltd

Ann: Invictus Energy Entitlement Rights Offer Opens, page-133

  1. thecone
    7,118 Posts.
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    04/02/24
    16:52
    Post #: 72229201
    Or buy exactly the same thing on market for 24.5?
    2 shares for 20c plus one option for 4.5 , where you're 30.5 from is if the market price of the heads was 13c too?
    It isn't, current value (your words) of heads on market is 10c, you're paying 3 c extra per share x2 to get a 'free option'.
    Would you and David be interested in a game of poker with me?
    Tc
    IVZ Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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