IVZ 5.19% 7.3¢ invictus energy ltd

Ann: General Corporate Update, page-16

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  1. 5,231 Posts.
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    Performance (or incentive) shares mean they need to perform. They’ve had a pass from most of us due to government ineptitude but if they now have their hands out for shares it’s fair game to judge them on their performance. I have to say there’s been nothing tangible for the majority of the year in the way of positive value creation.

    Every one of their performance rights attempts over the previous years have failed to vest. Like Davy said, if they can’t get any traction over the next 6 weeks or so then these ones will fail also.

    The ball is squarely in Scott’s court to bring something. No more excuses.
 
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