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5.80%

6.5¢ invictus energy ltd

Sorry, thought you were referring to the project run by Galp...

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Mr.Hustler

5,709 Posts.

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23/04/24

12:33

Post #: 73474700
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Originally posted by Cosmoterios ↑

Well, that goes to prove you do very little to no research at all.

SEI energy is actually an Exploration company like IVZ. In fact, before this discovery in January 2024, their cash balance and market capital was smaller than IVZ.

And in March 2024, they raised $22M Canadian dollars - via the exercise of warrants, as a result of their discovery and rising share price.

Even with the rise of today, their mkt cap is still circa $300M Canadian dollars. They will easily double or triple from here, in the next few years.

Its share price have risen from circa 0.2 Canadian Dollars to now 0.82 Canadian dollars - in circa 4 months.

And they will be able to raise a hell of lot more money given the rising share price.

Whereas your IVZ here, is sitting at about half of its CR price; after so-called discovery. That's the difference.

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Sorry, thought you were referring to the project run by Galp where SEI only has a 10% holding which is completely different from a minor running the show.

Please explain how this is not the case.

IVZ Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.5¢		Change -0.004(5.80%)		Mkt cap ! $92.16M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.3¢	$224.0K	3.422M

Buyers (Bids)

No.	Vol.	Price($)
3	95613	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	5326	1

View Market Depth

No.	Vol.	Price($)
3	95613	0.063
3	375000	0.062
5	108786	0.061
11	1615055	0.060
4	850000	0.059

Price($)	Vol.	No.
0.065	5326	1
0.067	100000	1
0.068	494634	1
0.069	734009	2
0.070	482500	3

Last trade - 16.10pm 24/06/2024 (20 minute delay)

IVZ (ASX) Chart