IVZ 2.94% 7.0¢ invictus energy ltd

Speaking from a financial point of view: 1. Shallow oil is...

  1. 3,927 Posts.
    lightbulb Created with Sketch. 324
    Speaking from a financial point of view:
    1. Shallow oil is cheaper and quicker to get at. Lighter drilling equipment.
    2.It is worth much more than gas by volume.
    3.Light oil is easier to transport/move and simpler to refine. More readily saleable than heavy which needs specialised refineries.
    Could location of pools of this fast track cash flow and be v.g. on a cost/benefit basis?
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
0.002(2.94%)
Mkt cap ! $99.25M
Open High Low Value Volume
6.9¢ 7.0¢ 6.8¢ $76.35K 1.109M

Buyers (Bids)

No. Vol. Price($)
7 711327 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 459858 10
View Market Depth
Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
Last
6.8¢
  Change
0.002 ( 1.45 %)
Open High Low Volume
6.9¢ 7.0¢ 6.8¢ 164012
Last updated 15.59pm 08/05/2024 ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.