Agreed. If this goes to 10c or lower again I would be more inclined to suggest a tree shake and weak hands folding from a prior holder. Instos didn't dump the placement. Why would retail dump the SPP? It's only 30 mill shares after all and they don't hit the market until late Jan. Who wouldn't wait for seismic to sell the news??
This stock will likely be $1B plus if they hit a viable resource. Once proved up it could be multiples of that even at a 40% stake after PPSA and farm in.
Even 10% of 40% is 20 times current MC. This stock is like playing roulette but with only black and red in play. Just only bet what you're willing to lose.
AIMHO of course
Ann: Notification regarding unquoted securities - IVZ, page-56
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Last
5.7¢ |
Change
0.001(1.79%) |
Mkt cap ! $79.40M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.7¢ | $27.74K | 479.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89316 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 123535 | 2 |
View Market Depth
| Last trade - 10.11am 17/06/2024 (20 minute delay) ? |
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Last
5.7¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.9¢ | 5.7¢ | 399160 | ||
| Last updated 10.11am 17/06/2024 ? | |||||
| IVZ (ASX) Chart |