EQR 0.00% 4.7¢ eq resources limited

three days to agm, page-4

  1. 343 Posts.
    lightbulb Created with Sketch. 12
    Mitsubishi clearly has doubts as to the capability of the board to properly utilise their $15 mil injection. They've been stalling since the permit issue in August.

    They did a test injection of $.4 mil to be repaid by 1500mtu of tungsten per month and they got 15 grams of tungsten instead, so it's probably understandable.

    I agree it's probably time to tell Mitsubishi to put up, or sell the company to a bargain hunter for $.40 per share.

    There is probably a true PV of more than $3.00 in the holding, but this management can't pull a thorn out of it's own toes to stop the pain.

    Best to give up and sell up.
 
watchlist Created with Sketch. Add EQR (ASX) to my watchlist
(20min delay)
Last
4.7¢
Change
0.000(0.00%)
Mkt cap ! $105.1M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 134830 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 75007 1
View Market Depth
Last trade - 11.00am 15/11/2024 (20 minute delay) ?
EQR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.