I had a look over the weekend to see who these fertiliser companies where. It turns out the largest one is ZFC Ltd. It's 50% owned by the government. It's one of the countries largest employers and last month the government had to inject another 4 million into it to keep it afloat. The current gas prices are killing its margins. They need a regular supply of gas for production as many businesses do so It's my belief if this field proves positive the government will do every it possibly can to help Invictus develop this field and get gas to Harare. This will be a election issue with out doubt.
I had a look over the weekend to see who these fertiliser...
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Last
7.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $104.9M | |||
| Open | High | Low | Value | Volume |
| 7.3¢ | 7.4¢ | 7.3¢ | $183.8K | 2.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 7.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.4¢ | 68622 | 2 |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
7.3¢ |
Change
0.000 ( 2.14 %) |
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| Open | High | Low | Volume | ||
| 7.3¢ | 7.4¢ | 7.2¢ | 1066405 | ||
| Last updated 15.44pm 26/04/2024 ? | |||||
| IVZ (ASX) Chart |