IVZ 1.61% 6.3¢ invictus energy ltd

Probably one of the most sensible opinions I've read here...

  1. 79 Posts.
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    Probably one of the most sensible opinions I've read here lately.

    I'm a fan of the story, the company, and think that in general that Scott's been doing a good job of actually getting shit done. But the company also doesn't deserve a free pass.

    It's unfortunate that the share price has been declining (in spite of the generally positive news). It might be IVZ's size, it might be the sovereign risk, it might be the amateur-looking raises, it might be something else, who knows... Ironically I'd be way more vocally supportive if the SP was 30c+, because then the market would be validating the company narrative.

    That said, I'm still bullish and think that we're on the up and up, but I said that at 14c, 16c, 18c and above too... but I wouldn't really vocally recommend people sink their life savings into IVZ as a sure thing right now.
    Last edited by 0x02: 03/01/24
 
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