IXR General Discussion 2022

[Sammy_da_Smile]

copy and paste that link

Awww shiiiiit (literally)

The guy Roblun on HC I was referring too. He made a post about comparing other companies hitting it up in the US. Probably off the back of the recent MTM announcement. Guy does some solid research, must have some experience in the field i bet.

 

[TheCount]

Awww shiiiiit (literally)

The guy Roblun on HC I was referring too. He made a post about comparing other companies hitting it up in the US. Probably off the back of the recent MTM announcement. Guy does some solid research, must have some experience in the field i bet.

I’ve had to put Rob on ignore. He launches into a ridiculous amount of the SAME DATA to push the narrative. I agree with the thrust of what he posts but seeing the same stuff over and over does not add to the stock price or make for healthy debate.

I am yet to see any negatives with IXR outside of the BOD and their inability to get funding sorted.

The small dollars needed to take up the offer is changing my mind……. And that they go direct to the company rather than on market….. Maybe I’m going soft in my old age…..

 

[Samus]

Does anyone care to explain to me how and why I've ended up with tens of thousands of something called IXRR in my portfolio thats worth .002c
?
Thanks in advance.

 

[Sammy_da_Smile]

#circulareeconomy #creem #rareearth #supplychain #circulareconomy | Ionic Technologies

A significant day at Ionic Technologies headquarters in Belfast yesterday. The collaboration formed for our #CirculaREEconomy #CREEM project was all in town to kick-off the exciting initiative. Our partners EMR, LESS COMMON METALS LIMITED, Ford UK, Bentley Motors, Wrightbus and British...

www.linkedin.com

 

[TheCount]

Does anyone care to explain to me how and why I've ended up with tens of thousands of something called IXRR in my portfolio thats worth .002c
?
Thanks in advance.

Announcements will tell you they are Renouncable Rights attached to your shares. Tradeable, but I’m only just reading up on the conditions now. They are separate to the options..

Comsec are dragging their heels as mine has not turned up yet..

 

[Winenut]

Fuck me I've missed all this shit

So there are options on the table and renouncable rights

I need to get up to speed on the offer and the conditions, costs and how to participate to then make a decision about what I want to do

It's a bit of a pain.....IXR already have 5B+ SOI.....hardly need any more as it's a massive hinderance to the SP going forward or there's the inevitable consolidation and I've not experienced many of those that have ever ended well for LT holders.....mmmm....

 

[Samus]

Does this mean you'd have to sell before 2nd October if you do not wish to take part in the cap raise?

 

[TheCount]

Does this mean you'd have to sell before 2nd October if you do not wish to take part in the cap raise?

That’s how I read it. I’ve never had this happen before.

 

[Winenut]

Does this mean you'd have to sell before 2nd October if you do not wish to take part in the cap raise?

I think you can just let them lapse???

There would be no benefit in that for you but if you can't be fucked doing anything it's a choice you can make

I think any Rights not taken up/lapsed will become available for other shareholders to take up more than there 1:15 allocation if they wish to

If every current shareholder takes up the allocated 1:15 offer your effective overall shareholding in the company will not be diluted (ie you will still hold the same percentage of the company compared to other shareholders as you did before the renouncable rights offer)

If you sell your rights (or let them lapse) other shareholders can/might pick them up and your position in the company overall will be slightly diluted (it's probably not a big issue but it is a technical point associated with the offer)

My rights are not showing up on Commsec yet...

I'm expecting to see a bit over 91,000 being available

IF I participate it costs me 91,000 x 0.016 = $1,456 (not huge dollars)

If I do that I will also pick up 91,000 options exercisable at 0.025 expiring 30 September 2028.

IXR is looking to apply to have those options listed and if so some time before 28 September 2028 I can sell the options (and take some cash) or if they are in the money I may choose to convert them to an additional 91,000 shares at 0.025 = $2,275

If the shares are trading at say 0.08 at the point that I convert my options I imediately make a paper profit of 91,000 x (0.08-0.025) = $5,005

None of it is big dollars so it really depends on the appetite for IXR

I reckon I'll probably take up the offer (it's not going to cost me much) pick up the free attached options and hopefully by 30 September 2028 IXR comes good and I can make a bit of extra coin exercising or selling my options

 

[Xerof]

Guys, the third choice (pay for the CR or do nothing) is you can sell the rights for 0.003 at the moment, so whilst there is a value you should never just let them lapse

IXRR is the code

sorry for intruding, I was scanning for crypto spammers

 

[Samus]

I think you can just let them lapse???

There would be no benefit in that for you but if you can't be fucked doing anything it's a choice you can make

I think any Rights not taken up/lapsed will become available for other shareholders to take up more than there 1:15 allocation if they wish to

If every current shareholder takes up the allocated 1:15 offer your effective overall shareholding in the company will not be diluted (ie you will still hold the same percentage of the company compared to other shareholders as you did before the renouncable rights offer)

If you sell your rights (or let them lapse) other shareholders can/might pick them up and your position in the company overall will be slightly diluted (it's probably not a big issue but it is a technical point associated with the offer)

My rights are not showing up on Commsec yet...

I'm expecting to see a bit over 91,000 being available

IF I participate it costs me 91,000 x 0.016 = $1,456 (not huge dollars)

If I do that I will also pick up 91,000 options exercisable at 0.025 expiring 30 September 2028.

IXR is looking to apply to have those options listed and if so some time before 28 September 2028 I can sell the options (and take some cash) or if they are in the money I may choose to convert them to an additional 91,000 shares at 0.025 = $2,275

If the shares are trading at say 0.08 at the point that I convert my options I imediately make a paper profit of 91,000 x (0.08-0.025) = $5,005

None of it is big dollars so it really depends on the appetite for IXR

I reckon I'll probably take up the offer (it's not going to cost me much) pick up the free attached options and hopefully by 30 September 2028 IXR comes good and I can make a bit of extra coin exercising or selling my options

Cheers Wino, pretty much confirms my interpretation of all the jargon.

I'm still not sure why anybody would buy the renouncable rights when the share price is the same price as the raise and probably set to drop knowing ixrsole. It's the prospect of more options that might appeal to them?

I'll probably take up the shares as well, can't get much worse anyway.

 

[TheCount]

I think you can just let them lapse???

There would be no benefit in that for you but if you can't be fucked doing anything it's a choice you can make

I think any Rights not taken up/lapsed will become available for other shareholders to take up more than there 1:15 allocation if they wish to

If every current shareholder takes up the allocated 1:15 offer your effective overall shareholding in the company will not be diluted (ie you will still hold the same percentage of the company compared to other shareholders as you did before the renouncable rights offer)

If you sell your rights (or let them lapse) other shareholders can/might pick them up and your position in the company overall will be slightly diluted (it's probably not a big issue but it is a technical point associated with the offer)

My rights are not showing up on Commsec yet...

I'm expecting to see a bit over 91,000 being available

IF I participate it costs me 91,000 x 0.016 = $1,456 (not huge dollars)

If I do that I will also pick up 91,000 options exercisable at 0.025 expiring 30 September 2028.

IXR is looking to apply to have those options listed and if so some time before 28 September 2028 I can sell the options (and take some cash) or if they are in the money I may choose to convert them to an additional 91,000 shares at 0.025 = $2,275

If the shares are trading at say 0.08 at the point that I convert my options I imediately make a paper profit of 91,000 x (0.08-0.025) = $5,005

None of it is big dollars so it really depends on the appetite for IXR

I reckon I'll probably take up the offer (it's not going to cost me much) pick up the free attached options and hopefully by 30 September 2028 IXR comes good and I can make a bit of extra coin exercising or selling my options

Don’t throw away free money.

 

[TheCount]

Cheers Wino, pretty much confirms my interpretation of all the jargon.

I'm still not sure why anybody would buy the renouncable rights when the share price is the same price as the raise and probably set to drop knowing ixrsole. It's the prospect of more options that might appeal to them?

I'll probably take up the shares as well, can't get much worse anyway.

Buy the rights to get 1/15 available to
You PLUS an option…

A calculated gamble I am warming to..

 

[Winenut]

Buy the rights to get 1/15 available to
You PLUS an option…

A calculated gamble I am warming to..

The real sweetener for me is the options. They effectively cost you nothing and give you cheap upside if IXR comes good anytime up to 30 September 2028 Imagine if IXR goes nuts and reaches $1 (not saying it will ) but if it did imagine being able to pick up a nice parcel of shares at 2.5c each

 

[Winenut]

Not sure what happens if IXR does a share consolidation which is something I very much expect in the future. Would the options price be consolidated too? ie if it’s a 10:1 consolidation would the adjusted strike price on the options become 25c ??? Just thoughts probably overthinking all the scenarios

 

[Winenut]

Hey @Samus what platform are you on that’s showing your IXRR renouncable rights? My commsec trading platform still doesnt have that stuff showing which is pissing me off a bit?

 

[Samus]

Hey @Samus what platform are you on that’s showing your IXRR renouncable rights? My commsec trading platform still does have that stuff showing which is pissing me off a bit?

Nabtrade, it showed up a couple of days after it was announced.

 

[Winenut]

Nabtrade, it showed up a couple of days after it was announced.

bloody Commsec

 

[Winenut]

My IXRR finally appearing on my commsec platform

what’s the process for taking up the rights?

I’m not selling mine ( they’re only worth a couple of hundred)

I’m actually keen to exercise my rights and take up a few additional shares at 1.6 and pick up those 2.5c options along the way

That will then be it for me unless IXR goes gangbusters in which case i’ll sell or convert the options prior to Sept 2028

 

[TheCount]

My IXRR finally appearing on my commsec platform

what’s the process for taking up the rights?

I’m not selling mine ( they’re only worth a couple of hundred)

I’m actually keen to exercise my rights and take up a few additional shares at 1.6 and pick up those 2.5c options along the way

That will then be it for me unless IXR goes gangbusters in which case i’ll sell or convert the options prior to Sept 2028

Emails received this morning to explain the application.

My understanding is that you automatically have THE RIGHT to participate UNLESS you sell those rights.

You can hold onto the RIGHT and still NOT exercise (pay them), and they just lapse.. So it's in your best interest to either take up the offer or get a few cents for the rights..

TC.