Australia's largest stock trading and investment forum Australia's #1 stock forum

IVZ

Click for more information

1.47%

6.7¢ invictus energy ltd

IVZ Share Price, page-194

First 194 Last

Share
Profile

Follow
Byron

8,633 Posts.

479

21/07/21

10:14

Post #: 54651507
Share

Originally posted by dcob: ↑

When markets come under pressure, it's the companies that are making money which get supported. Sovereign risk of course plays its' part but without revenue, the speculative hot air simply bleeds out in the absence cold hard concrete facts. When there's nothing to pin a particular value on, cash backing acts as a magnet unfortunately. The capital management here looks very good but it ran from 1 cent to well over 20 cents on pure speculation. It currently has a market cap of A$ 84 million but only realistically backed by around A$8 million in cash and that gets spent over a period of time just keeping the lights on.

The rusted on believers will call this down ramping but for those simply wanting a real answer as to why it's now trending down, the above is the cold hard facts of this game. Emotional attachment and averaging down on speculative plays often ruins lives.

Expand

Nice realistic post thanks

IVZ Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

OBM

Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King

There are more pages in this discussion • 21,790 more messages in this thread...

First 194 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 6.7¢		Change -0.001(1.47%)		Mkt cap ! $96.41M

Open	High	Low	Value	Volume
6.8¢	6.9¢	6.7¢	$36.94K	541.3K

Buyers (Bids)

No.	Vol.	Price($)
8	116868	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	25975	1

View Market Depth

No.	Vol.	Price($)
9	131794	0.067
6	93675	0.066
5	908720	0.065
2	250999	0.064
7	1010900	0.063

Price($)	Vol.	No.
0.069	25286	1
0.070	372039	4
0.071	13480	2
0.072	180000	2
0.073	425000	3

Last trade - 12.22pm 11/07/2024 (20 minute delay)

IVZ (ASX) Chart