EGR 4.17% 11.5¢ ecograf limited

Test Reaction to Possible Funding Option, page-20

  1. 968 Posts.
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    This stock has me truly baffled. I come in at the end of the day as working in the sticks with no phone or internet coverage and see the amounts traded at 19 and 19.5 cents, and am just left shaking my head. I'm not going to start making comparisons again with other graphite plays, yet out of everything getting spruiked about out there concerning massive off take agreements with Chinese companies, recent capital raisings, no finance arrangements in place, and even as an outside observer, KNL in comparison is looking solid. I mean we are back at levels prior to TK off takes being confirmed, before finance had been mentioned, we read reports stating KNL is a strong buy, and then you see a day like today where people are selling again at 19c. The only thing I can think of is impatience. People aren't willing to wait, or will buy back in when the risk is decreased with finance arrangements at a higher price, yet the value here at these prices is enormous. I think the key here is not to look on a daily basis, but when that day comes ,when everything falls into place, that day will come big. Until then, all I can do is top up with any spare change I have
 
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Last
11.5¢
Change
-0.005(4.17%)
Mkt cap ! $52.21M
Open High Low Value Volume
12.0¢ 13.0¢ 11.5¢ $21.53K 175.6K

Buyers (Bids)

No. Vol. Price($)
7 48994 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 10553 1
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
EGR (ASX) Chart
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