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1.41%

7.2¢ invictus energy ltd

You don't have to pay 20c for your options.You can sell them.I...

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Davy Boy

16,610 Posts.

3989

19/09/24

13:26

Post #: 75745424
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Originally posted by PearTree: ↑

Having bought shares at the last Rights Issue, I cannot understand how this is fair to the shareholders, like myself, who bought at the last Rights Issue and must pay 20 cents for our Options. Options to management at 10.5 cents is an insult. With any resemblance of a good announcement, they should be well in the money and are an absolute gift to managers who should be doing their job anyway and if they were successful with the PSA and flow test the Options would be many cents higher than they are now. Its as if they are being rewarded for poor performance. Why aren't the Options at least priced at the same price as everyone else, so they will work to earn them? Unless the Options are priced fairly, I, my wife, and my superfund will be voting NO.

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You don't have to pay 20c for your options.
You can sell them.
I also think the strike price is a joke and apart from anything its a bad look BUT I will wait until closer to the GM.
No news will be a no vote from me on the options.

I will be voting yes to Mutapa shares.

IVZ Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.2¢		Change 0.001(1.41%)		Mkt cap ! $109.1M

Open	High	Low	Value	Volume
7.0¢	7.2¢	6.9¢	$132.2K	1.903M

Buyers (Bids)

No.	Vol.	Price($)
1	39904	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	272761	2

View Market Depth

No.	Vol.	Price($)
1	39904	0.069
10	693819	0.068
4	297984	0.067
4	275151	0.066
10	1008869	0.065

Price($)	Vol.	No.
0.072	272761	2
0.073	672501	5
0.074	1134171	6
0.075	1258979	3
0.076	1067581	3

Last trade - 16.10pm 18/10/2024 (20 minute delay)

IVZ (ASX) Chart