IVZ 2.67% 7.7¢ invictus energy ltd

Ann: AGM Chairman's Address, page-183

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    For those still scratching their heads as to the rise today with no “announcement” (which bizarrely seems to be a fair few):

    “With the presence of hydrocarbons in our first Exploration well, this is an opportune time for the Company bring in a new Chairman with a complimentary skill set to lead the commercialisation efforts as the Company transitions from an explorer.”

    Just ask yourself, why are they needing a new chairman to lead commercialisation efforts if there is nothing commercial there?
 
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