It definitely looks like a bad move to do a soph placement followed by retail offer. They need to do one or the other. With the scaledbacks in previous offers, it seems clear that both can be successful on their own.
To be fair, the timing for this one doesn't help either.
Ann: Invictus Energy Entitlement Rights Offer Opens, page-448
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Last
6.9¢ |
Change
-0.001(1.43%) |
Mkt cap ! $97.83M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.0¢ | 6.8¢ | $86.34K | 1.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17171 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 90004 | 2 |
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| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
7.0¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 6.8¢ | 7.0¢ | 6.8¢ | 666820 | ||
| Last updated 15.26pm 16/05/2024 ? | |||||
| IVZ (ASX) Chart |