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24/04/22

20:15

Post #: 60997435
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Originally posted by Octaviumcapital: ↑

THE OPPORTUNITY FOR IGNITE LTD IS THE RELEASE OF THE INTRINSIC VALUE THAT WE BELIEVE ( see Disclosures below ) CURRENTLY RESIDES IN THE COMPANY IN OUR OPINION UNDER THE RIGHT BOARD STRUCTURE.

- Revenue over $113m per annum as at FYE 2021.
- Tax losses of approx $78M.
- Franking credits of approx $15.6M
- A profitable core business specifically positioned in the booming ACT Government- digital sector.
- A booming Australian recruitment sector despite the effects of COVID.

www.octaviumcapital20181.com / 2022 - Octavium Capital Investment Pty Ltd opinion/view only - Copy of letter posted to IGN shareholders dated 8th April 2022.

VOTE FOR change and vote early at the upcoming EGM dated 28th April 2022.

***DISCLOSURES:

- Octavium Capital Investment Pty Ltd opinion/view only. It is not financial, investment or any other advice. Those investing should seek their own specific advice pertaining to their own specific and individual situation. Always perform your own due diligence and verify information provided regardless of the source.
- Octavium Capital Investment Pty Ltd is biased, we believe shareholders in a company turning over more than $100 Million per annum deserve to earn normal profits and dividends after 8 + years and especially a company operating in a sector experiencing boom like conditions and a company with combined revenue of over $1.2 BILLION but with no operating profits (excluding job keeper payments) and zero dividends for its shareholders during that approx 8 plus year period.
- Octavium Capital Investment Pty Ltd currently speaks to approx 24.7% of Ignite Ltd shares. Octavium Capital Investment is IGN's second largest shareholder. IGN's other top 3 shareholders are Gold Tiger Equities Pty Ltd, Sandon Capital Ltd - activist investment fund and as of March 2022 Tim Moran the current CEO of IGN.
- Octavium Capital Investment Pty Ltd is voting FOR change to the current incumbent IGN Board and has nominated a shareholder representative director to the EGM dated 28th April 2022.

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All the best. Hope we get the change your chasing.

IGN Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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First 2 Last

(20min delay)
Last 6.0¢		Change 0.000(0.00%)		Mkt cap ! $9.791M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	291157	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.6¢	20000	1

View Market Depth

No.	Vol.	Price($)
1	291157	0.060
1	72159	0.054
1	30330	0.033
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.066	20000	1
0.105	25000	1
0.000	0	0
0.000	0	0
0.000	0	0

Last trade - 16.12pm 06/05/2024 (20 minute delay)

IGN (ASX) Chart

Day chart unavailable

All the best. Hope we get the change your chasing.

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