These are very reasonable SP targets. People wanting 50c pre-spud are dreaming - IVZ SHOULD already be worth that much on paper (at least) but the market isnt so black and white.
Given all the recent talk of the process in determining commercial finds I could see it blasting on initial discovery (FOMO) before falling sharply again and slowly going up into early-mid 2023 as the picture on the company's actual tangible value becomes clearer
i.e. people will probably realise that if we discover 10TCF that doesn't automatically make the company worth 10TCF of resource at that time.
i would wager the $3-5+ mark people are talking about won't happen for some time, but it is definitely possible
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Last
7.4¢ |
Change
0.003(4.23%) |
Mkt cap ! $112.2M |
Open | High | Low | Value | Volume |
7.2¢ | 7.4¢ | 7.1¢ | $132.4K | 1.830M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 239133 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7700 | 0.071 |
3 | 159345 | 0.070 |
2 | 86992 | 0.069 |
2 | 109100 | 0.068 |
5 | 378731 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 203333 | 2 |
0.078 | 115267 | 1 |
0.080 | 74368 | 2 |
0.084 | 25000 | 1 |
0.085 | 25000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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