IVZ 1.61% 6.3¢ invictus energy ltd

There was no issue with the side track I'm aware of. I am just...

  1. 16,178 Posts.
    lightbulb Created with Sketch. 3787

    There was no issue with the side track I'm aware of.
    I am just pointing out the black and white where SM said side track was fully funded.
    Both can't be right, IF, you believe the cash spend last Q is completely down to MK2 + ST drill then SM either lied at the time about side track funding OR they have some forward spend in the last quarterly.
    I agree now is not the ideal time to do a deal but something has to give on the funding front.
    The argument then becomes what is best for shareholders?
    I certainly haven't given up hope they get the rights issue extra over the line at 13c. No way anyone could buy 13.5 million$ worth on market. The sp would be mid 20's in no time at least IMO.
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.3¢
Change
0.001(1.61%)
Mkt cap ! $89.32M
Open High Low Value Volume
6.2¢ 6.4¢ 6.0¢ $308.9K 5.008M

Buyers (Bids)

No. Vol. Price($)
1 160000 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.3¢ 147648 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.