Its an interesting conundrum we face as holders of a silver explorer going into a rise in Ag prices due to paper market stresses or collapse.
Yes we could theoretically benefit by higher Ag prices if IVR was tied to the silver price ( it isn't) but the wider market is in a downturn and this could accelerate into a deep correction or crash where mining explorer minnows are marked down heavily.
In these times finance to build a mine becomes more difficult and costly in interest premiums.
Its been talked on this forum that a much higher silver price in two years time may make IVR's SP look rosy. I'd counter more cap raises to keep the lights on in a recession leads to significant dilution that could cancel out any gains.
This is IVR's double edged sword. We await.
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.03M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55000 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 10696 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55000 | 0.035 |
4 | 1304000 | 0.033 |
3 | 64233 | 0.032 |
5 | 451482 | 0.031 |
8 | 1110696 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 10696 | 1 |
0.031 | 300000 | 1 |
0.032 | 300000 | 2 |
0.033 | 30303 | 1 |
0.034 | 94219 | 3 |
Last trade - 16.12pm 16/06/2025 (20 minute delay) ? |
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IVR (ASX) Chart |
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