IVZ 0.00% 7.7¢ invictus energy ltd

But changed sentiment when all the oil they have is TAR or thick...

  1. 10,189 Posts.
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    But changed sentiment when all the oil they have is TAR or thick heavy oil which produce poor flow rates. When fundamentals change it means company is flawed and sentiment changed and sold

    Same as STX dusters all over and people pumping for a takeover. Why the hell would anyone pay premium for tenements that are dusters and their current production and future outlook for what they currently only have is worth half its value now. Hence flawed

    IVZ I don’t have a flawed product yet and will tell you otherwise but there is nothing to tell me otherwise and hence why I still hold and a very large holding and then compare it to its peers on valuation terms
    Last edited by Roch2077: 07/03/24
 
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