IVZ

4.00%

7.2¢ invictus energy ltd

Ann: Mukuyu recognised 2nd largest Sub-Saharan Africa discovery, page-114

First 114 Last

Share
Profile

Follow
mwatts

3,432 Posts.

775

21/02/24

12:49

Post #: 72514512
Share

Originally posted by onthepunt: ↑

No new raise and they can issue shortfall shares to anyone they want, which is the bit certain posters are deliberately ignoring to scare holders into thinking if the RI fails we're doomed to a new CR.

From the prospectus with the important bit bolded:

Any Entitlement not taken up pursuant to the Offer will form the Shortfall Offer (Shortfall Securities).
The Shortfall Offer is a separate offer made pursuant to this Prospectus and will remain open for up to three months following the Closing Date.
The issue price for each Share to be issued under the Shortfall Offer shall be $0.13 being the price at which Shares have been offered under the Offer.
If you do not wish to take up any part of your Entitlement you are not required to take any action. That part of your Entitlement not taken up will form part of the 13 Shortfall Offer and potentially be allocated to other Eligible Shareholders or other third parties as part of the Shortfall Offer.
The Shortfall Offer will only be available where there is a Shortfall between applications received from Eligible Shareholders and the number of Shares proposed to be issued under the Offer.
Eligible Shareholders who wish to subscribe for Securities above their Entitlement are invited to apply for Shortfall Securities under the Shortfall Offer by completing the appropriate section on their Entitlement and Acceptance Form or by making payment for such Shortfall Securities in accordance with Sections 2.3.
The Board presently intends to allocate Shortfall Securities as follows:
(a) to Eligible Shareholders who apply for an excess of their full Entitlement, so long as the issue of Shortfall Securities to that Eligible Shareholder would not take their voting power to in excess of 19.99%; and then
(b) to other parties identified by the Directors, which may include parties who are not currently Shareholders.
,

Expand

Ah - Thanks OTP

IVZ Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

KGL

KGL sniffs 19% Cu from drilling at Rockface play in NT

Climate change to drive market trends to the moon

LLL

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

TVN

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

ITM

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

STN

Saturn’s stars have aligned for the gold explorer’s Apollo Project

RHI

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

There are more pages in this discussion • 183 more messages in this thread...

First 114 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 7.2¢		Change -0.003(4.00%)		Mkt cap ! $102.0M

Open	High	Low	Value	Volume
7.5¢	7.5¢	7.0¢	$173.6K	2.425M

Buyers (Bids)

No.	Vol.	Price($)
2	9513	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	90000	1

View Market Depth

No.	Vol.	Price($)
1	281690	0.071
3	300858	0.070
5	145361	0.069
1	90000	0.068
3	184126	0.067

Price($)	Vol.	No.
0.074	90000	1
0.075	150000	1
0.076	169627	3
0.077	278285	2
0.078	10000	1

Last trade - 16.10pm 05/07/2024 (20 minute delay)

IVZ (ASX) Chart

Ann: Mukuyu recognised 2nd largest Sub-Saharan Africa discovery, page-114

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

KGL sniffs 19% Cu from drilling at Rockface play in NT

Climate change to drive market trends to the moon

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Mukuyu recognised 2nd largest Sub-Saharan Africa discovery, page-114

Top Stories

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

KGL sniffs 19% Cu from drilling at Rockface play in NT

Climate change to drive market trends to the moon

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News