ETR 0.00% 0.7¢ entyr limited

Ann: Quarterly Activities & Cashflow Report, page-80

  1. 21,497 Posts.
    lightbulb Created with Sketch. 2103
    Still doesn't answer how they "raised" $6.1 million and the market cap has been continuously supported at totally illogical levels.
    I've argued "fundamentals" for years on this forum, yet here we are with the "fundamentals" screaming out saying that S.P. should be 1 cent at best, yet, it's continuously supported at more than SIX TIMES basic fundamentals and has done so for over 8 months!!
    It effectively "values" the Pearl project at over $40 million, because CTR's 40% is about the only "asset" that they have left????

    I understand scams as well as anyone and have seen many, but, IF that is the case with Pearl, how has it avoided any scrutiny when it has been totally up front for all to see for over 8 months?
    I'd go so far as to say that by looking at the exposed market, "the market" agrees with my assessment and I'd hate to be sitting there as a holder at the moment, but, for over 8 months, the S.P. gets continually propped up, from "outside" the exposed market. How long will that continue before it implodes?

    Trumpy and others with your view, IMO, that assessment of yours is far too simplistic, otherwise, it condemns our so called regulators as being incompetent idiots.
 
watchlist Created with Sketch. Add ETR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.