IVZ 1.61% 6.3¢ invictus energy ltd

Fair call mate…nothing directed at you.I’ve marked up the use of...

  1. 1,671 Posts.
    lightbulb Created with Sketch. 1176
    Fair call mate…nothing directed at you.

    I’ve marked up the use of funds below including over-subscriptions. If people think this is the best use of our funds then fine. I would have preferred a clear message that anything over $20m is going towards drilling.

    Have never seen so much money from a CR allocated to general working capital in almost 30 yrs of investing. And to be clear, working capital is generally just staff costs, admin and corporate costs. There’s some small O&G companies that could last 3 years on $4.8m!

    https://hotcopper.com.au/data/attachments/5319/5319796-3df6ec37a29983b9296e9b7bef37a286.jpg

 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(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
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.