BUZZ-Australia's <a href="https://laohu8.com/S/IVCTF">Invictus Energy</a> sinks on termination of subscription agreement** Shares of Invictus Energy IVZ.AX fall as much as 68.9% to A$0.042 in early trade, hitting their lowest since early September 2020
** Stock logs largest intraday pct loss to date
** Oil and gas firm says subscription agreement with private entity Al Mansour Holdings for 19.9% stake in co for A$37.8 million ($26.13 million) has been terminated
** Says Al Mansour does not intend to satisfy its contractual obligations under the agreement, thus electing for its termination
** More than 62.2 million shares change hands, 26 times the 30-day average
** Stock rose 97.5% last year
($1 = 1.4463 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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