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1.43%

6.9¢ invictus energy ltd

The obvious middle ground is they expect the price to rise but...

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17 Posts.

6

06/08/24

13:31

Post #: 75091818
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Originally posted by mudguts: ↑

If I said to you - give me $1million dollar & in 2 weeks, I will give you back $2m (guaranteed) in 3 weeks time. Would you do it?

The options had an exercise price of 23c (or 23.5c) & lapsed mid July 24...from memory

If you read my post, that IS what I said.

For them to convert they would have to know that the ppsa (or what ever is going to move the SP is coming).as they control the narrative.& have insider information

If SP going to (pick a number) 43c for ease of calculation. They are in the money (mind you never paid for the options)

OBVIOUSLY, the SP is NOT going to move (in the short term) or they have no faith SP will rise, so see better investment (opportunity cost too high) & have elected not to exercise.

Price may move, great for all concerned....but not to levels (& in time line) that Directors see worth while exercising.

trade the pips.

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The obvious middle ground is they expect the price to rise but not above the exercise price.

IVZ Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.9¢		Change -0.001(1.43%)		Mkt cap ! $104.6M

Open	High	Low	Value	Volume
7.0¢	7.0¢	6.9¢	$64.32K	927.0K

Buyers (Bids)

No.	Vol.	Price($)
2	336596	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	105714	2

View Market Depth

No.	Vol.	Price($)
2	336596	0.069
4	214705	0.068
2	218700	0.067
2	44576	0.066
1	150000	0.065

Price($)	Vol.	No.
0.070	105714	2
0.071	764037	7
0.072	1100138	10
0.073	1036012	6
0.074	1002617	6

Last trade - 16.10pm 11/09/2024 (20 minute delay)

IVZ (ASX) Chart