Australia's largest stock trading and investment forum Australia's #1 stock forum

IVZ

Click for more information

4.05%

7.1¢ invictus energy ltd

Wow, you've gone hard on the oppies? I don't have time to digest...

First 260 Last

thecone

7,269 Posts.

862

26/04/23

21:27

Post #: 67467733

Originally posted by Guata ↑

IVZO -
This is a reply to Post #: 67410784 by @thecone:
I refer you back again to my Post #: 67375088which IMO appears to have been
misunderstood or misinterpreted by you and perhaps others,to name a couple :
@Rene3223 per his Post #: 67411396 and @Davyboy per his Post #: 67411446
by expressing that there would be consequential adversefinancial effects upon shareholders, if my emailed suggestion to Scott Macmillan was adopted by the Company,because it omitted inferences, I – a “hard-done-by”!! IVZO holder - appear to have not thought about that would upset such shareholders ! Wow!
The last para. of my Post #: 67375088 stated that such an Options Issue was verysuccessfully put in place by a micro-capoiler stock I held years ago.
i.e. the “goal-posts were NOTchanged” for the holders of that Company’s EXISTING Oppies.
Such holders were offered
- 1 NEW Oppie for 1 EXISTING Oppie at an Issue price of a cent or 2
- with an Exercise price of 20c or so, 3-years down the track from their issue date
- REPLACING their OLD worthless Oppies, i.e. no longer being able to be exercised.
As for my suggestion, if adopted, creatingconsequential
Dilution
of value of IVZholders’ holdings
have a look at Col. (H) – the extreme r.h. col. per Tables A) & B) below.
Table A)
shows some $ numbers if a NEW Oppies issue is NOT made
Dependent on my 3 suggested SP’s the heads may possibly rise to
– due a “Discovery ANN by 26 July (the expiry date ofIVZO) –
the respective dilution %ages are surely minimal? See
Scenario #2 = 0.47%, #3 = 1.88% & #4 = 2.44%.
Table B),
ditto, if a NEW Oppies issue IS made, costing Oppie buyers 1.5c per Option
applied for.
On the same bases as for Table A) above
- the respective dilution %ages are slightly higher. See
Scenario #6 = 0.3.35%, #7 = 5.02% & #8 = 5.68%.
Note that the top suggested SP the heads may riseto – of $1 – per Scenarios #4 & #8
Isthe price other HC posters should easily reach given a Discovery ANN.(e.g.@Nightdaytrader9)
I apologise to those of you who are not adept atinterpreting Excel spreadsheets such as below.
Having retired 16 years ago, when in my mid60’s, I was then regarded as a spreadsheet king.
So I imagine that today there are plenty of others inthe workforce that could similarly compile 1-off’s like I have below.
If any of you require any further clarificationabout what I have presented then post accordingly, but please don’t shoot medown – as some have indirectly done so already - unless you can substantiate youopinion with some better alternative figures.
Remember too, that investors who take up theirentitlements in the forthcoming SPP,
would surely also be delighted to buy – on-market – the NEW Oppies (costing my suggested 1.5c each) so that they could then capitalise substantially on the leveraged price they pay, once they’re listed.

Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9 Column 10 Column 11

0
Col. A)

1
B)

2

3
C)

4
D)

5
E)

6

7
F)

8
G)

9

10
H)

11

12
DILUTION

13 A) IF Company makes NO OPTIONS Issue as I've suggested per my Post #67375088

14

15
ONLY

16

17
when ALL

18

19
OPTS are

20
SCENARIO

21
S O I (Mill)

22 but if SP

23
$

24

25
TILL

26 MKT CAP $m)

27
Exercised

28
1)

29 IVZ

30
961,000

31 STAYS AT

32
0.120

33
26-Jul

34
115,320

35

36

37

38

39 IVZO

40
37,500

41 will LAPSE

42
0.350

43
0

44

45

46

47 so SOI will remain at

48
961,000

49
0.120

50
$115,320

51
0.00%

52

53

54

55
BY

56

57
2)

58 IVZ

59
961,000

60
RISES TO

61
0.400

62
26-Jul

63
384,400

64

65

66

67

68 IVZO

69
37,500

70
will be

71

72

73
exercised at

74

75

76
0.350

77
26-Jul

78
13,125

79

80

81 then becomes

82

83 SOI will rise to

84
998,500

85
0.398

86
$397,525

87
0.47%

88

89

90

91
BY

92

93
3)

94 IVZ

95
961,000

96
RISES TO

97
0.700

98
26-Jul

99
672,700

100

101

102

103

104 IVZO

105
37,500

106
will be

107

108

109
exercised at

110

111

112
0.350

113
26-Jul

114
13,125

115

116

117 then becomes

118

119 SOI will rise to

120
998,500

121
0.687

122
$685,825

123
1.88%

124

125

126

127
BY

128

129
4)

130 IVZ

131
961,000

132
RISES TO

133
1.000

134
26-Jul

135
961,000

136

137

138

139

140 IVZO

141
37,500

142
will be

143

144

145
exercised at

146

147

148
0.350

149
26-Jul

150
13,125

151

152

153 then becomes

154

155 SOI will rise to

156
998,500

157
0.976

158
$974,125

159
2.44%

160

161

162

163

164

165

166

167

168

169

170

171

172

173
Col. A)

174
B)

175

176
C)

177
D)

178
E)

179

180
F)

181
G)

182

183
H)

184

185
DILUTION

186 B) IF Company DOES make such OPTIONS Issue - per choice b) of my Post #67375088 -

187
ONLY

188 = 2 NEW Oppies for 1 IVZO. When issue is closed IVZO are then cancelled.

189

190
when ALL

191

192
OPTS are

193
SCENARIO

194
S O I (Million)

195 but if SP

196

197

198
TILL

199 MKT CAP ($m)

200
Exercised

201
5)

202 IVZ

203
961,000

204 STAYS AT

205
0.120

206
26/07/23

207
115,320

208

209

210 by, say

211

212

213 NEW Oppies

214
75,000

215 bought at

216
0.015

217
26/06/23

218
1,125

219

220

221 will NOT be exercised for

222
0.200

223
26/07/23

224

225 then expect SOI to stay at

226
961,000

227
0.121

228
116,445

229
NIL

230

231

232

233
BY

234

235
6)

236 IVZ

237
961,000

238
RISES TO

239
0.400

240
26-Jul

241
384,400

242

243

244

245

246 NEW Oppies

247
75,000

248 bought at

249
0.015

250 by, say

251

252

253
26/06/23

254
1,125

255

256

257
will be exercised at

258
0.200

259
26/06/26

260
15,000

261

262

263 then becomes

264

265 SOI will rise to

266
1,036,000

267
0.387

268
$400,525

269
3.35%

270

271

272

273
BY

274

275
7)

276 IVZ

277
961,000

278
RISES TO

279
0.700

280
26-Jul

281
672,700

282

283

284

285

286 NEW Oppies

287
75,000

288 bought at

289
0.015

290 by, say

291

292

293
26/06/23

294
1,125

295

296

297
will be exercised at

298
0.200

299
26/06/26

300
15,000

301

302

303 then becomes

304

305 SOI will rise to

306
1,036,000

307
0.665

308
$688,825

309
5.02%

310

311

312

313
BY

314

315
8)

316 IVZ

317
961,000

318
RISES TO

319
1.000

320
26-Jul

321
961,000

322

323

324

325

326 NEW Oppies

327
75,000

328 bought at

329
0.015

330 by, say

331

332

333
26/06/23

334
1,125

335

336

337
will be exercised at

338
0.200

339
26/06/26

340
15,000

341

342

343 then becomes

344

345 SOI will rise to

346

347
1,036,000

348

349
0.943

350

351

352
$977,125

353

354
5.68%

Expand

Wow, you've gone hard on the oppies?
I don't have time to digest that tonight, but if it's a win win for all please just highlight where shareholders win, over not receiving 35 c per option or not getting diluted.
Tbf there doing alright and could still come good, I think you should convert?

Cheers tc

IVZ Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held

1 Great analysis

Top Stories

DEL

Delorean unlocks $30M through Tanarra finance facility for bioenergy projects

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

SRN

Copper and zinc zone prove exciting news for Surefire close to WA's Yidby

ADH

Adairs MD and CEO steps down after 17 years in company management

FEG

China's Xingye snags 19.99% stake in Far East Gold, eyeing latter's Indonesian gold play

There are more pages in this discussion • 1,483 more messages in this thread...

First 260 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 7.1¢		Change -0.003(4.05%)		Mkt cap ! $107.6M

Open	High	Low	Value	Volume
7.2¢	7.3¢	7.1¢	$28.49K	397.3K

Buyers (Bids)

No.	Vol.	Price($)
8	763023	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	12144	2

View Market Depth

No.	Vol.	Price($)
8	763023	0.071
11	1133819	0.070
3	243845	0.069
3	320000	0.068
2	254700	0.067

Price($)	Vol.	No.
0.072	12144	2
0.073	866000	5
0.074	1002617	5
0.075	992937	7
0.076	1010000	5

Last trade - 16.10pm 05/09/2024 (20 minute delay)

IVZ (ASX) Chart