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12.8% 8.8¢ invictus energy ltd

Ann: Placement for Mukuyu-2 Appraisal Well & Phase 2 Exploration, page-13

  1. MikeMelb1969
    227 Posts.
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    06/06/23
    10:15
    Post #: 68148087
    I do expect a drop to 12c and then possibly 11 to 11.5c.

    There wasn't as much interest in the placement as expected. Most folk got close to full allocation. Which to me means they were mostly flippers who were in it for the options and will want to offload their shares as close to 12c as possible.
    IVZ Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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