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4.69%

6.7¢ invictus energy ltd

Of course its not without risk and I've been saying the same on...

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Gharp

4,010 Posts.

667

06/03/24

09:52

Post #: 72765760
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Originally posted by toneboy: ↑

This is exactly my concern. The sub Saharan economic situation is in crisis. Isn’t it better to have customers not in crisis, with good revenue to pay you?
As for SA in particular, so because the country is on its way to becoming a failed state that’s our business opportunity? Because they have diverted money from maintaining a stable grid. How can a country without a functioning economy pay for its gas imports?

I don’t want to be unnecessarily harsh, but I don’t want to lose all my money from being unrealistic either.

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Of course its not without risk and I've been saying the same on these forums. So allocate your portfolio accordingly ?

But on the other side of the coin its one of the real reason it is priced at 150mil and not Roch's ridiculous valuations of what the market should be paying.

If they can get a mining customer to sign an MOU/GSA think that should in theory alleviate some of the concerns of not being payed properly.

IVZ Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.7¢		Change 0.003(4.69%)		Mkt cap ! $94.99M

Open	High	Low	Value	Volume
6.3¢	7.0¢	6.0¢	$419.3K	6.298M

Buyers (Bids)

No.	Vol.	Price($)
1	187273	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	353080	5

View Market Depth

No.	Vol.	Price($)
1	187273	0.067
4	343500	0.066
4	624830	0.065
4	320620	0.064
3	180000	0.063

Price($)	Vol.	No.
0.069	353080	5
0.070	360000	2
0.071	329945	3
0.072	1025000	3
0.073	1060000	3

Last trade - 15.58pm 19/06/2024 (20 minute delay)

IVZ (ASX) Chart

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