IVZ 2.47% 7.9¢ invictus energy ltd

Ann: Trading Halt, page-168

  1. 3,449 Posts.
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    they don’t presently the cash to complete the flow test plus normal operations. if they tried to do so even on the cheap the market would have smashed them knowing the cash balance would be near nil.

    i think pausing major operations while funding options were sorted was the best decision the Co could make.
 
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