IVZ reaches 10 bagger status, lithium day wrap and more...
Nov 21, 2022
With a bit of life creeping back into the market, we saw another of our long-term Positions achieve “10 bagger” status this week. A “10 bagger” is when a stock price increases 1,000% - and they don’t come around very often, especially in a wonky market like we’ve experienced in 2022. Holding on for a 1,000% increase usually requires a lot of patience, with plenty of ups and downs along the way that will test one's resolve to hold. That company is our 2020 Energy Pick of The Year Invictus Energy (ASX: IVZ) which released another positive drilling update on Friday.