re: eqn technically looks bad! Yep, I agree. Surprised that it has dipped so low. I think, from a fundamental point of view, it's the timeline involved that's putting investors off.
Realistically, it'll be 2008 before any decent copper is produced and no one really knows what the price of copper will be by then.
I liken it to BDG - one day they'll be producing 800,000 ounces of gold, but no one is buying the stock now because they don't want to wait until 2010 when it'll all be happening.
It's either a patience or a timing game.
Persuader.
canadian article, page-3
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Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $37.05M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 30.0¢ | $33.55K | 111.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 102162 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 3187 | 1 |
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| Last trade - 11.24am 24/07/2024 (20 minute delay) ? |
| EQN (ASX) Chart |