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Invictus Energy Announces Cessation of Securities

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Invictus Energy Announces Cessation of Securities

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The latest announcement is out from Invictus Energy Limited ( (AU:IVZ) ).

Invictus Energy Limited announced the cessation of 1,540,000 performance rights due to the expiry of options or other convertible securities without exercise or conversion. This development may impact the company’s capital structure and could influence investor perceptions regarding the management of its securities and future financial strategies.

The most recent analyst rating on (AU:IVZ) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Invictus Energy Limited stock, see the AU:IVZ Stock Forecast page.

More about Invictus Energy Limited

Invictus Energy Limited operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is primarily engaged in identifying and exploiting hydrocarbon resources, aiming to enhance its market presence and deliver value to its stakeholders.

Average Trading Volume: 1,311,375

Technical Sentiment Signal: Sell

Current Market Cap: A$80.17M

For detailed information about IVZ stock, go to TipRanks’ Stock Analysis page.

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