IVZ 1.61% 6.3¢ invictus energy ltd

Ann: Trading Halt, page-663

  1. 253 Posts.
    lightbulb Created with Sketch. 174
    On further analysis, I think peter and kiwi have some very valid points.

    I was looking back at Dec 2022 a halt was called re results of logging and fluid sampling. It was a misleading ann as they went on to describe the fk up which led to the miss at mk1, not what was reasonably inferred by the market in the halt ann.

    They presently use the words 'fluid sampling results' albeit in different word order to 2022.

    The fact that they use the present progressive in sampl'ing' infers that it is ongoing... as they attempt to resolve more issues? Likely based on past performance.

    The wording is sneaky and will piss people off if they dont in fact have a sample(which would be very early to have based on company previous guidance).

    I'm back to skeptically on the fence. More guarded from the ridiculous pumping and ready for disappointment. Bit of a backflip, but had a good amount of time now to digest this info properly.

    As for assertions that shareholders are bedwetters, shareholders haven't been wrong to this point so save the gaslightling until you have some!

    Goodluck all

    dyor imo


 
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