IVZ

1.61%

6.3¢ invictus energy ltd

Check your numbers again... if IVZ is now $50 mill USD MC then...

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LOLStonks

42 Posts.

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16/01/22

11:26

Post #: 58895982
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Originally posted by keshla1295: ↑

Back of beer mat stuff, but purely based on RECON and their current market cap of US$1.05bn, then it is logical to assume that IVZ market cap (just above AUD$68 million) would at least soar to half of the RECON market cap i.e. USD$500 million which equates to a SP of just under AUD$4!
But, because we are largely unknown, I believe it will be in the 20cents to $1 range depending on the investor market reaction to the seismic results.
I think once the drill starts it will be at least AUD$1.

If we prove our resources via drilling then who knows how high this share will go? If we can't achieve this we have done our dough

Problem we have with IVZ is that it is still very much under the radar and almost unknown to most investors. Our OTC performance to date starkly reflects that. Merely being listed is not enough. You have to get out their and promote your stock. The best way to do that is to present our seismic results to the market and get the drilling underway.

All of which our BOD and highly competent CEO have well in hand.

This is the best binary play on the ASX market in my opinion. The risk/reward ratio is astronomical.
We have all been very fortunate to be able to have got in at these low levels.
Best wishes to all.

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Check your numbers again... if IVZ is now $50 mill USD MC then to go to $500mill USD would put share price at 10x or $1.15 AUD not "just under $4"

IVZ Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.3¢		Change 0.001(1.61%)		Mkt cap ! $89.32M

Open	High	Low	Value	Volume
6.2¢	6.4¢	6.0¢	$308.9K	5.008M

Buyers (Bids)

No.	Vol.	Price($)
1	160000	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	147648	2

View Market Depth

No.	Vol.	Price($)
1	160000	0.062
6	1101332	0.060
3	900000	0.059
5	427842	0.058
2	25500	0.057

Price($)	Vol.	No.
0.063	147648	2
0.064	844231	5
0.065	693000	5
0.066	965000	3
0.067	956665	4

Last trade - 16.10pm 28/06/2024 (20 minute delay)

IVZ (ASX) Chart

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