IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Trading Halt, page-30

  1. 1,637 Posts.
    lightbulb Created with Sketch. 1721
    The timing of this is rather disappointing. Makes me think either 1. the farm-out will take longer than expected, or, 2. the cash component on top of the free-carry for wells asked as part of the farm-out is not forthcoming.

    Either way, not great for holders in the short term... most likely reason is #1 and we wait a little longer...

 
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