ESS 0.00% 50.0¢ essential metals limited

Ann: Heavily Oversubscribed Capital Raising Completed, page-30

  1. 1,516 Posts.
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    It is pretty disappointing for holders but to be a realist it was on the cards some traders weren't going to wait and would just pull the pin, especially at lunch time. That is their right, A lot of fear there but no use beating a drum about it unless it makes things move. I think it will go up again as new buyers see it now a changed more economic entry point. It goes up slower than it goes down. You can never make many happy when it's a SPP not even recipients when it dives like this.
    .
    DC has the cash now and quite a few irons in the fire, a couple seem quite ok, if he galvanises into action that is. You would hope he's got something extra up his sleeve to stabilise the price upwards and get things going. A lot of people on site have presented meaningful research and discourse which has impressed as quality evaluations. I hope they don't get cheesed off and go silent.

    It'll be a slower move back with a bit more to weave through with a few more sellers planted in the queue. Just another bad day at the office.
    LTs sigh....Why is it always so #### difficult...!
 
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