I'm definitely thinking the same as you. 11.5c appears to be a solid base. It will probably hit 11c briefly but 10c is a dream imo. Unhappy to be wrong.
As for "over capitalized including the SPP in their portfolio"@1Smartinvestor, don't lose sight of the fact that it was a maximum of $30k and many shareholders went for a smaller amount. Maybe some did overextend and there were definitely some participating for a quick flip, but it's only a small amount of shares (only $3m in total) and if you take out the shareholders who bought to increase their holdings pre-drill, that is not a lot of shares to wash through imo.
I'm sure that anyone who is interested got the Next Investors email so would have read this for themselves - they took up their maximum entitlement and "are very excited that IVZ is finally drilling its basin opening well in the next few months".
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7.2¢ |
Change
0.001(1.41%) |
Mkt cap ! $107.6M |
Open | High | Low | Value | Volume |
7.4¢ | 7.4¢ | 7.1¢ | $15.75K | 219.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 218729 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.3¢ | 131316 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150 | 0.072 |
2 | 166289 | 0.071 |
6 | 216045 | 0.070 |
2 | 66268 | 0.069 |
4 | 349117 | 0.068 |
Price($) | Vol. | No. |
---|---|---|
0.073 | 112490 | 1 |
0.074 | 128407 | 2 |
0.075 | 394808 | 2 |
0.076 | 655583 | 4 |
0.077 | 684799 | 7 |
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