Hello. ESR has 1,759,371,187 shares on issue. All other securities are well out of the money. The acquisition of these manganese tenements in Timor on 4 December 2023 has done relatively nothing for the ESR share price. At 70% ownership and 0.5 cent share price, the market cap equates to $12,566,942 (on a 100% ownership basis). Since the market has not responded to this project, I cannot imagine the market cap being worth $15 million. If ESR must raise $2.5M, I guess/speculate this would most likely be done at 0.3 cents. This would make the market cap $10M and the EV $7.5M.
Ann: New Supergene Manganese Discovery and Exceptional Assays, page-5
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Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $23.63M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $90.57K | 7.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5655326 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1480671 | 5 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| ESR (ASX) Chart |