going too far, current SP is dangerous for new buyers.
if the company terminates the option after DD, SP may back to 0.6c.
if the company selects to exercise the option, Env will have 0.8billion shares on issue plus 0.5billion options at 1.2c. As it may have less than 0.5m cash on hand after the acquisition, CR is inevitable imv, it’s foreseeable that ENV could have 1.1billion shares on issue plus 0.7 billion options after the CR.
untill the above stage, still nothing can be confirmed in the permits. Pure hype.
for me, 1.7c already going too far, I believe SP will settle down to 1-1.2c soon.
I’m a fair. Person :)), page-5
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.879M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $5.519K | 689.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 9881703 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 978560 | 1 |
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| Last trade - 14.41pm 08/11/2024 (20 minute delay) ? |
| ENV (ASX) Chart |