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1.41%

7.2¢ invictus energy ltd

They wont be paying anywhere near 13c,they will be in at around...

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Terrortorian

365 Posts.

38

27/03/24

16:02

Post #: 73086629
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Originally posted by onthepunt: ↑

"Imagine any of you are running the Zimbabwean pension fund. Why as a manager would you pay the company 13c/sh right now, or in the next month or 2, when you can buy them on market for 8c and have the same level of commitment for a cheaper price??"

In October 2020 Mangwana paid a 9% premium for +$220k of shares.

In April 2020 Mangwana paid a premium of 91% to previous 5-day VWAP and 40% to last closing price for $440k.

They have made very decent money for their fund's investors and have continued to take part in CRs since then. Why wouldn't they take a big chunk at a premium given their history? Add to that they can bring in other HNW local entities who have seen the above happen.

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They wont be paying anywhere near 13c,they will be in at around 7c tops.

IVZ Price at posting: 8.0¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 7.2¢		Change 0.001(1.41%)		Mkt cap ! $103.5M

Open	High	Low	Value	Volume
7.1¢	7.4¢	7.0¢	$162.5K	2.268M

Buyers (Bids)

No.	Vol.	Price($)
1	60000	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	318593	4

View Market Depth

No.	Vol.	Price($)
1	60000	0.071
4	200261	0.070
4	292405	0.069
9	361825	0.068
8	1098045	0.067

Price($)	Vol.	No.
0.073	301703	3
0.074	460022	3
0.075	491182	5
0.076	380000	1
0.077	252000	3

Last trade - 13.23pm 22/05/2024 (20 minute delay)


Last 7.1¢			Change 0.001 ( 0.14 %)
Open	High		Low	Volume
7.1¢	7.4¢		7.1¢	1009620
Last updated 13.24pm 22/05/2024 ?

IVZ (ASX) Chart

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