IVZ 4.62% 6.2¢ invictus energy ltd

Yesterday's significant drop was due to a US holder selling off...

  1. 1,098 Posts.
    lightbulb Created with Sketch. 1625
    Yesterday's significant drop was due to a US holder selling off their sizeable position of roughly 10m shares at an entry of 14c. Sold all at market price on the opening of ASX. Would have likely triggered a few stop losses creating a cascading effect. Know of people that were stopped out unfortunately and they seem pissed.

    Have been in connection with the US holder for some time and frequently discussed IVZ. Know him personally and was told post him selling that he sold his position. He just had enough. Simple as that. Usually likely to sell off into spud but didn't get an opportunity to do so. There were no leaks at all nor any insights from the drill.

 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.2¢
Change
-0.003(4.62%)
Mkt cap ! $87.91M
Open High Low Value Volume
6.7¢ 6.7¢ 6.1¢ $269.7K 4.305M

Buyers (Bids)

No. Vol. Price($)
1 5998 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.3¢ 11689 2
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.