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5.33%

7.1¢ invictus energy ltd

Ann: Invictus Share Purchase Plan Receives Strong Supprt, page-62

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Davy Boy

16,627 Posts.

4001

23/05/23

16:19

Post #: 67921189
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Originally posted by charlesn: ↑

although we are now all accustomed to our daily underwhelming 12c share price, this is the base from which we launch once spud related newsflow begins. And a pretty solid base it is.

We got to 38c last hole and that was a high risk frontier well with nothing to calibrate against and a comical sequence of failures and almosts.

Ask Scot where we should get to ... "60c to $1" his words, and that's based on a straight discovery announcement. Any confirmation of good flow and increased resource size, let alone oil, and its upward from there

toot, toot ... all aboard the Mukuyu Express

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I,m tempering my expectations a bit based on the fact that the market IS expecting us to announce a discovery ie sample to surface.
IF anything goes wrong and we have to wait for flow test then the market could punish, but IMO that would be when I went all in.

Originally posted by MorbidFury: ↑

Thanks DB, makes a lot of sense, who can say no to free money.

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Every $ you make on the option reduces the 12c paid for heads.
In the above example you would have paid $7.5k for 250000 shares or 3 cps for your heads and it wouldn't have cost you a penny.

IVZ Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.1¢		Change -0.004(5.33%)		Mkt cap ! $107.6M

Open	High	Low	Value	Volume
7.3¢	7.5¢	7.1¢	$82.38K	1.148M

Buyers (Bids)

No.	Vol.	Price($)
3	89389	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	18999	1

View Market Depth

No.	Vol.	Price($)
3	89389	0.071
5	199714	0.070
6	587507	0.069
6	450731	0.068
1	149253	0.067

Price($)	Vol.	No.
0.072	18999	1
0.074	17647	1
0.075	9500	1
0.076	615437	4
0.077	529870	2

Last trade - 16.10pm 28/10/2024 (20 minute delay)

IVZ (ASX) Chart