IVZ 0.00% 7.3¢ invictus energy ltd

Capital Raise......Going it alone, page-144

  1. 1,034 Posts.
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    The raise @23c with 1:1 options@40c is more like a 50% discount from 31c.
    Options are worth more in binary outcome situations compared to non-binary outcome situations.

    For example, the drill hits oil and the SP 10 bags to
    300c? Each option is almost the same dilution as a regular cap raise share.

    Absolutely ludicrous raise.

    I was sad about selling about 2/3rds of my stake in IVZ around 28-31c, now I'm super happy I sold.

    THE COMPANY RAISED CAPITAL AT AN EFFECTIVE PRICE LOWER THAN THE PREVIOUS CAP RAISE.

    ALL HOLDERS BLOCK OPTIONS!! LETS GO!!
    Last edited by witchdoc86: 26/08/22
 
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