I don’t hold this stock, but have been encouraged by its potential for a while now. Also, as a disclosure, I won’t be buying on any heavy falls - I‘ve invested elsewhere, and in a company that had actually found something.
However, there are NO FUNDAMENTALS that support this price surge. Either there’s been a news leak, or this is one massive pump. I’m assuming the latter.
Also, the overwhelming majority of nearology plays end up failures, so proximity to WA1 may well be irrelevant.
GLTAH as you’re very brave holding, but the odds are significantly against success here!
Ann: Diamond drilling of multiple targets underway - West Arunta, page-52
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Last
33.0¢ |
Change
0.040(13.8%) |
Mkt cap ! $164.6M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 34.0¢ | 29.0¢ | $374.5K | 1.206M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6878 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| ENR (ASX) Chart |