IVZ 4.62% 6.2¢ invictus energy ltd

Will the sp fall further? Maybe, it usually does after being...

  1. 636 Posts.
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    Will the sp fall further? Maybe, it usually does after being held up for an spp, just the nature of small caps.
    ==================================================
    Not sure the meaning of "held up for an spp" sound of conspiracy theory....It should read "held up BY an spp"
    IVZ sp is where it is because spp offer price is at these levels ie 12c.....not because the market maker is holding down the sp..
    Current spp has allowed some pi to sell and maybe be entitled to buy back at same price, with an option at 20C, hoping to exercise it when IVZ sp will be much higher, for a quick profit.
    IMO IVZ sp will start to move higher by end of May, when current spp will close, for now probably is going to hover at these levels.
    Expecting final core data out this month should have been in April ?! Any sp gain from that news will probably be sold for spp 20c options..
    June onward news flow, seismic, PSA signing?, lead procurement, decision on MK-2 drill location and new presentation with revised numbers from MK-1 data, will push IVZ sp much higher (imo) till MK-2 DRILL DAY.

 
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6.2¢
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