IVZ 4.76% 6.0¢ invictus energy ltd

Ann: Hydrocarbon Samples from Mukuyu-2 Discovery at Laboratory, page-331

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  1. 1,738 Posts.
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    This is a Reply to the Post #: 72344753
    on the Media Thread by @sumone117 at 10.19am on11 Feb :

    Be very careful with how you trade IVZOA if that is your short-term objective.
    From my observations - of trades in these Oppies over the last 6 months or so - it is apparent that there's only 1 trader regularly trading in it - who has the capacity to short? it too - presumably using a 2nd trading account.
    i.e. it is not uncommon for its SP, to rise on 1 day, from 4.4 to 4.7 in a matter of hours, and then drop back again late in the day to say 4.5, even if the heads have simultaneously done SFA on low volume too.
    AND
    given that there'll maybe only a small rise in the Heads SP, following an expected ANN of great gas samples' results before because the current Rights Issue now closes on Wed. Mar 6th -
    there could be a Sell-Off in IVZOA by instoes getting rid of these from their RI 1:2 allocation rate for their Heads' up-take.
 
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