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1.41%

7.2¢ invictus energy ltd

perhaps whoever has been doing the JV due diligence.if u are...

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Dash112

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25/09/24

18:46

Post #: 75838092
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Originally posted by Polyh: ↑

But Dash, who would takeover IVZ?

Aussie mid-tier gas company? - nope, they have too many problems of their own back home.

International mid-tier explorer? Tullow, Africa Oil, Eco - don't think so. They have seen how hard it is in "friendly african countries" like Namibia and Kenya and I doubt they have the stomach to taken on basket case Zimbabwe's sovereign risk.

International major? Total, Shell? nope, same as above.

International producer; Sasol, BW Energy? Maybe. BW have taken an interest in Recon, our Namibian equivalent. Sasol have depleting gas fields in Mocambique, also equivalent to us.
However, a producer is not likely to move until the gas resource is proven.

Second world Oilco? Sinopec, PetroChina, Qatar? Maybe, most likely with home country backing.

So, much as a takeover would be nice, I cannot think who might be interested?

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perhaps whoever has been doing the JV due diligence.
if u are prepared to take a bit of the company, you are going to ask what if I took all off it.
we will see.

IVZ Price at posting: 6.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.2¢		Change 0.001(1.41%)		Mkt cap ! $109.1M

Open	High	Low	Value	Volume
7.0¢	7.2¢	6.9¢	$132.2K	1.903M

Buyers (Bids)

No.	Vol.	Price($)
1	39904	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	272761	2

View Market Depth

No.	Vol.	Price($)
1	39904	0.069
10	693819	0.068
4	297984	0.067
4	275151	0.066
10	1008869	0.065

Price($)	Vol.	No.
0.072	272761	2
0.073	672501	5
0.074	1134171	6
0.075	1258979	3
0.076	1067581	3

Last trade - 16.10pm 18/10/2024 (20 minute delay)

IVZ (ASX) Chart