IVZ

1.45%

6.8¢ invictus energy ltd

Ann: General Corporate Update, page-18

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Davy Boy

16,649 Posts.

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24/08/24

09:36

Post #: 75353434
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Originally posted by onthepunt: ↑

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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FWIW OTP I reckon they are well aware what's coming and are trying to make up some lost ground on all the past failures to vest performance based incentives, not entirely their own fault, Covid killed of a heap, but as you say its sink or swim now no more Mr nice guy.

IVZ Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
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Last 6.8¢		Change -0.001(1.45%)		Mkt cap ! $103.1M

Open	High	Low	Value	Volume
7.1¢	7.1¢	6.8¢	$14.59K	209.8K

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No.	Vol.	Price($)
4	87754	6.8¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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2	194997	0.067
4	400461	0.066
6	709935	0.065
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Price($)	Vol.	No.
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0.072	405000	2
0.073	370281	3
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