IVZ 3.45% 9.0¢ invictus energy ltd

Thanks so much for doing the chat again. My question would be “...

  1. 7 Posts.
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    Thanks so much for doing the chat again. My question would be “ If managements job is to create shareholder value why do they continue to severely dilute existing shareholders rather than farm out so the farmout partner can fund further drilling??? If the prospect is as big as we all think this would be the best option to maintain and appreciate share price rather than persistent capital raises for existing shareholders at lower and lower prices. Is it because those parties who have done due diligence on the project don’t want to proceed because they think it’s a dud peoject??

    Many thanks!
 
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