IVZ 1.27% 7.8¢ invictus energy ltd

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  1. 45 Posts.
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    So well stated Davey Boy and I am in total agreement with you as I have stated in my recent previous post.
    The tier 1 companies will be salivating but not because they want to take us out at $1 or $2 per share but because they can manipulate us down to a few cents per share over a few years as was done to FAR under the shenanigans you so well summarised. FAR went from around $0.60 if I recall, and with the world at their feet, to an eventual couple of cents per share.

    I expect SM is street wise enough to realise this and to keep control of at least 51%. SM has 75 million reasons to keep control and is not a lifestyle director.

    I am not averse to a good take over offer but don't want to be screwed over again as happened with FAR.

    I hope that I do not have to run a mile either.

    Cheers all
 
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