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IVZ

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7.4¢ invictus energy ltd

Ann: Additional gas discovery in Lower Angwa Mukuyu-2, page-651

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dpooh

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16/12/23

08:58

Post #: 71483036
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Originally posted by TheUnit: ↑

So true people are vary of small caps which would include Invictus energy certainly. Perhaps you know this so I don't mean for you to suck eggs - small caps share prices stay very low during periods of high interest rates, like the last couple of years, right. But the thing is, in 2 years time from now in Australia, interest rates are expected to be at the very least 100 basis points lower (1 %) lower than the where current RBA cash rate of 4.35% is. We saw the rally begin yesterday here locally following Powell's Xmas present to traders that in 2024 rates are more than likely starting to lower in the USA next year. So, it doesn't take Einstein to workout that small caps SP's will be propelled upwards going forwards as interest rates start to lower.

But caution is called for in 2024. You see, historically markets usually bottom in a short period following the first rate cut. So although we are probably in a santa rally right now, a bottom in the market could occur in the month or 2 following the first interest rate cut, my guess mid 2024. In any case, I am simply staying long small caps & this IVZ share price could be huge in a couple of years.

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Thank you so much for your invaluable insight. Have a wonderful Christmas Yes I will be topping up on IVZ over the next few years .

IVZ Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.4¢		Change 0.003(4.23%)		Mkt cap ! $112.2M

Open	High	Low	Value	Volume
7.2¢	7.4¢	7.1¢	$132.4K	1.830M

Buyers (Bids)

No.	Vol.	Price($)
1	150000	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	239133	2

View Market Depth

No.	Vol.	Price($)
1	7700	0.071
3	159345	0.070
2	86992	0.069
2	109100	0.068
5	378731	0.067

Price($)	Vol.	No.
0.075	203333	2
0.078	115267	1
0.080	74368	2
0.084	25000	1
0.085	25000	1

Last trade - 16.10pm 27/09/2024 (20 minute delay)

IVZ (ASX) Chart

Ann: Additional gas discovery in Lower Angwa Mukuyu-2, page-651

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Ann: Additional gas discovery in Lower Angwa Mukuyu-2, page-651

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