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6.8¢ invictus energy ltd

Ann: Invictus Energy - How to apply for Entitlement Rights Offer, page-46

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Roch2077

9,921 Posts.

1959

16/02/24

18:01

Post #: 72450601
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Originally posted by Mr.Hustler: ↑

Cone, you're confusing yourself between discount on a purchase versus profit on a sale. If the price is 10 cents and someone offers you a 30% discount tbe price is 7 cents. You are trying to say its 10 divided by 7 = 1.43 so its 43% discount. No its a 30% discount. But if you buy it for 7 cents and manage to sell it for 10 cents, you will make 43% profit.

Cosmo was stating discount and not profit they would make if they buy at current market prices and sell at 13. Irrespective of this, you can't ignore the options as they have a value, so the actual discount is even less.

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the guy needs an entry leave him

IVZ Price at posting: 9.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.8¢		Change -0.002(2.86%)		Mkt cap ! $97.83M

Open	High	Low	Value	Volume
7.0¢	7.0¢	6.8¢	$35.87K	519.3K

Buyers (Bids)

No.	Vol.	Price($)
1	115942	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	211152	7

View Market Depth

No.	Vol.	Price($)
1	115942	0.069
7	429827	0.068
5	991462	0.067
8	524307	0.066
9	423508	0.065

Price($)	Vol.	No.
0.070	184152	6
0.071	154999	1
0.072	218454	5
0.073	150000	1
0.074	203000	3

Last trade - 12.47pm 16/05/2024 (20 minute delay)


Last 6.9¢			Change -0.002 ( 1.43 %)
Open	High		Low	Volume
6.8¢	6.9¢		6.8¢	327924
Last updated 12.41pm 16/05/2024 ?

IVZ (ASX) Chart