IVZ 4.55% 6.9¢ invictus energy ltd

Ann: Quarterly Report and Cashflow, page-92

  1. 715 Posts.
    lightbulb Created with Sketch. 149
    Vinny, you said;
    "It doesn't make sense that the govt is delaying this PPSA, which is preventing funding and therefore delaying the entire program.
    If we run out of cash I dont know if they can cancel the lease/tenement with the reasoning being that we as a company have no reasonable prospects of developing this basin and then just acquire the whole thing at a very low price into the SWF. "

    A cynic or conspiracy theorist might say it makes complete sense - a corrupt and greedy government dragging out the PPSA, bleeding IVZ dry with a thousand cuts, leaving it has no reasonable prospect of developing the basin, then cancelling the lease/tenement and handing to their corrupt oil and gas oligarch handlers.
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.9¢
Change
0.003(4.55%)
Mkt cap ! $97.83M
Open High Low Value Volume
6.8¢ 6.9¢ 6.6¢ $269.3K 3.995M

Buyers (Bids)

No. Vol. Price($)
4 482259 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 421552 2
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.