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7.1¢ invictus energy ltd

IVZ - General Discussion, page-8

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Kiwigeo8339

3,706 Posts.

2852

31/03/23

17:45

Post #: 67074100
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Originally posted by petere: ↑

Also, this is only a single LNG Trade. LNG is typically sold on a per cargo basis. That is for every LNG Tanker delivery.

These are very complicated transaction. Upon delivery the buyer can be required to split the payment for the cargo to various parties including; the LNG producers (sometime multiple parties) and the bankers of the LNG Producers, the owners of the LNG Plant (often different percentages than producers) and their bankers, the owner(s) of the LNG vessel and the bankers that financed the vessel, and also the government of the producing country if they get a production share. As there are multiple transactions here, not all the transactions may have been in Yuan. Maybe it was only the payment to CNOOC as one party to the transaction.

I have a friend who worked for one LNG producer and used to be involved with these trades and he would have to fly to Tokyo whenever they made an delivery to Japan.

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Were also starting to see LNG loads being split at sea....

IVZ Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.1¢		Change -0.001(1.39%)		Mkt cap ! $100.6M

Open	High	Low	Value	Volume
7.2¢	7.3¢	7.1¢	$153.1K	2.127M

Buyers (Bids)

No.	Vol.	Price($)
12	708265	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	614236	4

View Market Depth

No.	Vol.	Price($)
12	708265	0.071
15	1517262	0.070
2	75003	0.069
5	167001	0.068
3	358237	0.067

Price($)	Vol.	No.
0.073	614236	4
0.074	600000	4
0.075	50000	1
0.076	500000	1
0.077	652000	3

Last trade - 16.10pm 30/04/2024 (20 minute delay)


Last 7.1¢			Change -0.001 ( 1.25 %)
Open	High		Low	Volume
7.3¢	7.3¢		7.1¢	1484590
Last updated 15.59pm 30/04/2024 ?

IVZ (ASX) Chart