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7.95%

8.1¢ invictus energy ltd

Ann: Trading Halt, page-247

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newbie1

234 Posts.

11

19/09/23

23:48

Post #: 69924824
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Originally posted by longreach: ↑

Just to make it very clear, and I'm not sure who in particular your comments refer to, i Hold shares, and i Hold options.

I thought long and hard about posting, but ultimately decided that this matter was too significant not to make comment. Normally I would have let it go, but the very thought that the share price not only takes a hit for the first tranche of $7.5 million ie dilution of another 50 million shares plus 16.67 million options, but then in about 6 weeks time we get another likely dilution of another 30 million shares plus 10 million shares.
Once allotted these shares will likely come out during the course of drilling. This second tranche effectively becomes a cheap Call option for Sophisticated Investors, in they can elect to take it up or run for the hills!

There are times when you need to call a spade a spade. This is one of them IMO.

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I can assure you my comments were not aimed at you. I am sorry if my original message left that impression.

My comments referred to two contributors that appear to provide many negative contributions on HotCopper concerning several ASX stocks without holding the stock.

IVZ Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.1¢		Change -0.007(7.95%)		Mkt cap ! $116.6M

Open	High	Low	Value	Volume
8.7¢	8.7¢	7.8¢	$550.8K	6.685M

Buyers (Bids)

No.	Vol.	Price($)
1	6256	8.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.1¢	65918	1

View Market Depth

No.	Vol.	Price($)
1	126582	0.079
2	350000	0.076
7	757506	0.075
1	26000	0.073
3	365000	0.071

Price($)	Vol.	No.
0.081	65918	1
0.082	100000	1
0.083	100000	1
0.084	39479	1
0.085	350000	2

Last trade - 16.10pm 05/08/2024 (20 minute delay)

IVZ (ASX) Chart