IVZ still hasn’t made a commercial discovery. They’ve made a technical discovery to satisfy Scott’s resume, and to satisfy the Zim government.
There is no investment case yet. IVZ know it, hence the free options.
There was such little enthusiasm shown by the market thru the drilling of M2. IMHO, the market will show even less enthusiasm for the forward plan at M2. For this reason, the sp will find its way quickly to 10c, perhaps lower.
IVZ has cooked its goose, for now.
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7.0¢ |
Change
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Mkt cap ! $99.25M |
Open | High | Low | Value | Volume |
6.9¢ | 7.0¢ | 6.7¢ | $101.9K | 1.487M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 6.9¢ |
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Price($) | Vol. | No. |
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7.0¢ | 354854 | 3 |
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No. | Vol. | Price($) |
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1 | 100000 | 0.069 |
5 | 240973 | 0.068 |
5 | 887635 | 0.067 |
7 | 248441 | 0.066 |
6 | 286432 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 354854 | 3 |
0.071 | 5417 | 1 |
0.073 | 325000 | 2 |
0.074 | 200000 | 2 |
0.075 | 737400 | 5 |
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