IVZ 1.47% 6.7¢ invictus energy ltd

CR heavily oversubscribed, page-33

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    What Scott wants is to build a successful Company, unfortunately as most know, retail will never be cashed up enough to sustain that, so he goes where he needs to. That’s life for an ASX small cap, it’s their timing and the amounts that are absolutely woeful.

    M1 raise with the short life options was the go, unfortunately it fell over at the final hurdle, given what we keep seeing, the resulting sp may not have been much different to what we got anyway. These long life options are killing any sp movement, will be interesting to see if they get cashed in and made use of before a buy out.
    Last edited by Greenocean: 23/12/23
 
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