I read here and hear from other pundits that the fair price for E25 shares is now somewhere north of $1.
Can anybody explain why the share price went to 48c on the news of this grant but is only at 33c after the grant is ratified and with great follow up supporting information? What is the market waiting for to allow the share price to reflect the value that I keep hearing?
And, if that value is what most reasonable people who understand the markets would calculate why aren't the funds etc. piling in to get a bargain and make some easy money.
In other words, what am I missing?
Ann: Updated Butcherbird Feasibility Delivers Outstanding Metrics, page-5
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $42.29M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 18.5¢ | $28.36K | 146.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46223 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 3146 | 1 |
View Market Depth
| Last trade - 11.59am 16/06/2025 (20 minute delay) ? |
| E25 (ASX) Chart |