IVZ

2.67%

7.7¢ invictus energy ltd

Would be an embarrassment to pull another el cheapo raise....

First 164 Last

Share
Profile

Follow
GortonGums

5,070 Posts.

503

09/04/22

09:58

Post #: 60755504
Share

Originally posted by Davy Boy ↑

777 given the way this is headed, prospective resource size, I'm even more convinced that IVZ have told CEA to up their bid or no go.
The CR in March 2020 to raise funds for seismic could have raised 35 million it was cut off after 4 hrs.
A cr for 35 million to target 15-20TCF with the rig booked and start date about 12 weeks away it would be a walk in the park.
As you have stated before also the upward momentum in the sp gives even greater impetus to a go it alone.
At 20c we would need ~ 175 million shares.

1 small problem I see with a cornerstone is the 20% rule. ATM they could only take ~ 28 million [ 140 million mc / 5 [ 20%] } still requiring us to do a cr.
At 175 million MC they could take the full 35 million.
I must admit I'm kinda wondering if the Albwardy meetings have had a bearing on CEA being given more time to up their deal.
Maybe it is an auction as Scott says?
Personally I would like a mid tier oil and gas co....but a lot of them will want to be operator which maybe impleading them bidding as I can't see Scott handing over operator anytime soon.
It appears from the surface that there has been little interest, but I believe they would mostly be under CA's, but like most auctions the real interested parties either go big early, to scare off the competition, or wait until the death for the knock out blow.
If those bid fall short of expectations I imagine the insto's are lined up and waiting and I'm sure the bidders are well and truly aware of that.

Expand

Would be an embarrassment to pull another el cheapo raise. Resource upgrade, plus speculation from here and the price should be moving into the 30's. If they then couldn't raise at 30, gee whiz.

IVZ Price at posting: 21.0¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Bitcoin: Current State of Play & Where to Next | Swyftx

Revolutionary inverter technology leads the clean energy charge

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

TNC

True North increases silver metal at QLD's Vero deposit by 20%

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Emerald & Azure score Digger & Dealer awards

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

There are more pages in this discussion • 107 more messages in this thread...

First 164 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 7.7¢		Change 0.002(2.67%)		Mkt cap ! $110.9M

Open	High	Low	Value	Volume
7.7¢	7.9¢	7.6¢	$133.5K	1.730M

Buyers (Bids)

No.	Vol.	Price($)
6	274157	7.5¢

Sellers (Offers)

Price($)	Vol.	No.
7.7¢	328	1

View Market Depth

No.	Vol.	Price($)
4	160566	0.075
1	50000	0.074
1	26000	0.073
3	105482	0.072
5	95890	0.071

Price($)	Vol.	No.
0.077	328	1
0.080	55118	2
0.081	305220	2
0.082	505000	3
0.083	588000	3

Last trade - 16.10pm 09/08/2024 (20 minute delay)

IVZ (ASX) Chart

Would be an embarrassment to pull another el cheapo raise....

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Bitcoin: Current State of Play & Where to Next | Swyftx

Revolutionary inverter technology leads the clean energy charge

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

True North increases silver metal at QLD's Vero deposit by 20%

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Emerald & Azure score Digger & Dealer awards

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Would be an embarrassment to pull another el cheapo raise....

Top Stories

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Bitcoin: Current State of Play & Where to Next | Swyftx

Revolutionary inverter technology leads the clean energy charge

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

True North increases silver metal at QLD's Vero deposit by 20%

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Emerald & Azure score Digger & Dealer awards

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News