Some oil and gas companies have up to 5 billion shares and their SP is still at a respectable price. I should imagine that they have had to do multiple CRs on their way to full production. Drilling for oil and gas costs a fortune, once we ascertain what we have and it's value then the SP will rerate. This will happen after the flow test and the 3D seismic. So the SP could be low for six months etc depending on wet season and how long the above mentioned procedures take . After that is all done IVZ will be revalued . Then we will see some serious buying in . We just have to be patient. Im in the red but I know that one day I'll be well into the green.
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Last
6.8¢ |
Change
0.001(1.49%) |
Mkt cap ! $96.41M |
Open | High | Low | Value | Volume |
6.7¢ | 6.9¢ | 6.7¢ | $34.82K | 512.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 150899 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 131225 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 150899 | 0.068 |
1 | 150000 | 0.067 |
6 | 376496 | 0.066 |
5 | 893384 | 0.065 |
1 | 100999 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 131225 | 1 |
0.070 | 494994 | 5 |
0.071 | 370417 | 2 |
0.072 | 550000 | 2 |
0.073 | 460000 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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IVZ (ASX) Chart |