IVZ

1.15%

8.8¢ invictus energy ltd

IVZ Share Price, page-19192

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jrslim

743 Posts.

153

03/04/24

16:17

Post #: 73171685
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Originally posted by Cosmoterios: ↑

Everybody is looking out for their own interest - including the top 20. Just like you and those "alleged" shorters. The simple fact is, everyone is in it to make $$$$$$$$

There is NO White Knight around the corner.

If you are NOT buying the "Shortfall", the Top 20 certainly won't be buying the Shortfall.

The "Directors" could. But have they bought any of the Rights Issue and subsequent "Shortfall"????? Thus far, NOTHING!!!

In any case, every Tom, Dick and Harry, know what is the problem with this company; NOT enough Funds to carry through the next stages of tests.

Now, to expect Zimbabwe Sovereign Wealth Fund or Gov to step in and fund this, is bordering on delusion for the following reasons:

1. They (Zimbabwean) are in the box seat - they will get the majority of the share, regardless of which company extracts it (assuming there is a resource there); in truth, they probably prefer a Big O&G player than a minor which is struggling from year to year and relying on funding from their own shareholders to progress, and

2. Zimbabwe is a poor country with high inflation. So to expect them to risk their sovereign wealth fund for a "minor" player in the O&G industry, is crazy. The Opposition party would rip the current Gov to shreds if they risked their sovereign wealth fund at this stage.

That leaves a New JV partner buying in. But the Lab will need to release some spectacular results (next set of data) to attract a Big O&G player with deep pockets; which seem unlikely at the moment.
Bottom line: shareholders and institutions will be tapped again after June 2024, IMHO. That is what the market is expecting and why the share price is where it is.

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I had my suspicion you had no idea, but the following quote of yours has confirmed it…

“…they probably prefer a Big O&G player than a minor”…

IVZ Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
8 Upvote

1 Great analysis

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(20min delay)
Last 8.8¢		Change 0.001(1.15%)		Mkt cap ! $124.7M

Open	High	Low	Value	Volume
8.6¢	8.8¢	8.4¢	$260.8K	3.052M

Buyers (Bids)

No.	Vol.	Price($)
3	203629	8.5¢

Sellers (Offers)

Price($)	Vol.	No.
8.8¢	49588	1

View Market Depth

No.	Vol.	Price($)
3	203629	0.085
5	208310	0.084
6	595421	0.083
4	412412	0.082
5	284704	0.081

Price($)	Vol.	No.
0.088	49588	1
0.089	49330	1
0.092	161992	1
0.093	50000	1
0.094	273128	3

Last trade - 16.10pm 02/08/2024 (20 minute delay)

IVZ (ASX) Chart

IVZ Share Price, page-19192

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Venture to sniff out high-grade REE targets at Jupiter project, WA

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Westgold sets its sights on top five producer status through merger with Karora

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

IVZ Share Price, page-19192

Top Stories

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Venture to sniff out high-grade REE targets at Jupiter project, WA

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Westgold sets its sights on top five producer status through merger with Karora

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News