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0.00% 7.0¢ invictus energy ltd

Ann: IVZ launches Entitlement Offer, page-76

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  1. onthepunt
    5,243 Posts.
    lightbulb Created with Sketch. 2507
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    23/01/24
    18:37
    Post #: 72028429
    The CR came when it did because it was timed for after discovery imo. We all thought the SP would be higher. The perceived low (conservative) net pay didn’t help.
    Plus there’s under $4.7m in the bank at end of December with seismic and flow testing to pay for. They had to raise when they did.
    IVZ Price at posting: 10.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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