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7.1¢ invictus energy ltd

Ann: Mukuyu-2 sidetrack Total Depth reached in Lower Angwa, page-449

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dpooh

1,467 Posts.

187

12/12/23

18:02

Post #: 71410876
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Originally posted by Frank7717: ↑

I must admit to not understanding the concept when people say they are “ topping up “ now at 20 or 21 cents. Wouldn’t it have made more sense to “ top up “ at 15 cents? If you think the sp is rising, why wait to “ top up?” You should be all in NOW, not add when it becomes more expensive. Will people be “ topping up” at 30 cents? 50 cents? Why not just do it now (or have already gone all in at 15?)? Buying more at the higher cost seems the opposite of dollar cost averaging. I would think you’d top up when the price is declining, not rising.

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Its all relative, when the SP reaches $1 20c will seem like a bargain. As long as there's room for movement then it's ok to top up incrementally.

IVZ Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.1¢		Change 0.000(0.00%)		Mkt cap ! $107.6M

Open	High	Low	Value	Volume
7.4¢	7.4¢	7.1¢	$16.78K	233.8K

Buyers (Bids)

No.	Vol.	Price($)
3	204229	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

Last trade - 10.30am 10/10/2024 (20 minute delay)

IVZ (ASX) Chart

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