Ann: Invictus Energy Entitlement Rights Offer Opens, page-442

This is a Reply to the Post #: 72344753
on the Media Thread by @sumone117 at 10.19am on11 Feb :

Be very careful with how you trade IVZOA if that is your short-term objective. From my observations - of trades in these Oppies over the last 6 months or so - it is apparent that there's only 1 trader regularly trading in it - who has the capacity to short? it too - presumably using a 2nd trading account.
i.e. it is not uncommon for its SP, to rise on 1 day, from 4.4 to 4.7 in a matter of hours, and then drop back again late in the day to say 4.5, even if the heads have simultaneously done SFA on low volume too.
AND
given that there'll maybe only a small rise in the Heads SP, following any positive ANN about the gas samples' results -
because the current New Issue closes next Monday Feb 19th -
there could be a Sell-Off in IVZOA, by instoes getting rid of these from their 1:2 allocation per their Shortfall shares' uptake.