IVZ 4.05% 7.7¢ invictus energy ltd

Ann: Trading Halt, page-48

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,093 Posts.
    lightbulb Created with Sketch. 954
    My gut feeling is that it is going to be funding through the Mutapa investment Fund and possibly other institutional investors.

    It is basically an endorsement that the PPSA is now a formality - if these guys are coming on board they would not be doing it without the security of an incoming PPSA. A lot of nepotism within Zimbabwe and they would have gotten the inside word imo.

    No way they would be investing their hard earned readies otherwise.

    If this is the case, I would not be surprised if we hear something from Scott re a shareholder briefing on Monday explaining the mechanics of the funding and advising that we are starting 3D and commencing erection of the rig to follow directly after 3D is completed with 6inch drill followed by flow testing.

    Just my take on it.
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
7.7¢
Change
0.003(4.05%)
Mkt cap ! $116.7M
Open High Low Value Volume
7.6¢ 7.7¢ 7.5¢ $36.27K 480.4K

Buyers (Bids)

No. Vol. Price($)
2 113950 7.5¢
 

Sellers (Offers)

Price($) Vol. No.
7.7¢ 123586 3
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.