IVZ invictus energy ltd
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Ann: Quarterly Report & Cashflow, page-21

  1. Davy Boy
    17,346 Posts.
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    24/01/25
    11:08
    Post #: 77544780
    Good news in the quarterly IMO.
    The net cash used in investment activities has ramped up.
    IF they knew nothing was going to happen they would hunker down on spending, just as they did the previous quarter.
    That is the reason there is only 2.5 quarters of cash. last quarterly they had 10 million an 4.5 quarters of cash.
    The company is spending which means something is going to happen IMO.
    IVZ Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 18  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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