Fully diluted there are 468m shares on issue. Taking the SP to $2 would equal the Mcap of WA1. It's simply not going to happen on some aircore results while WA1 has a large resource drilled out with a Mcap of just on $1B.
I would suggest it would take continuity of good results to just hold present Mcap and only something new and really promising would push the SP a lot higher. In the longer term anything is possible, but it will all be results dependent.
Ann: Diamond Drilling Commences at Aileron - West Arunta, page-46
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ENR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $162.6M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.5¢ | 35.5¢ | $109.5K | 303.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50019 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 9000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ENR (ASX) Chart |