IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Hydrocarbon Samples from Mukuyu-2 Discovery at Laboratory, page-61

  1. 618 Posts.
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    This is a company that has successfully dangled carrots more than it has actually created value for shareholders

    What does it tell you when after three years your share price is 40% lower even after gas discoveries?

    Poor management of funding, zero PR, and timelines that more often than not get blown out without explanation.

    Sure these guys might want to go a WPL route, but they're creating an ENORMOUS opportunity cost on top of dilution for those that have held out/supported a vision for the last few years based on what we have been told.

    "If any of these sections come in we'll be worth many multiples"

    And yet, we hold the bag
 
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