IVZ
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2.56% 8.0¢ invictus energy ltd

Ann: Share Purchase Plan Oversubscribed, page-395

  1. MorbidFury
    1,260 Posts.
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    13/06/23
    19:06
    Post #: 68266691
    Thats the total no of shares outstanding after the raise. They did not raise 1.2B shares, you multiply the shares outstanding.
    1.2B * share price 0.11 (11cents) = Market Cap = $132m

    PLEASE DONT PANIC
    IVZ Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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