Ann: Trading Halt, page-7

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FatDad

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13/02/25

09:52

Post #: 77834287
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Originally posted by nofiller: ↑

Urgh. A Cap raise.

Unless this is at a substantial premium and/or there is a solid / interesting cornerstone (very unlikley, and explains recent price action) this was a dudd move by management.

KAL just released an announcement that their RC drilling campaign will kick off in early March - with actual timeframes and program specifics. That alone with have given E79 a boost. As would have commencement of drilling at KAL. Even if they wanted to avoid potential dud results from any KAL drilling campaign (because that is always a risk) the next three weeks would have pushed the SP considerably higher.

In a booming gold market, with gold at ATH and multiple micro stock managers really are highlighting their deficiencies. Hoping to be proven wrong here.

KAL - https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=02913863

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Originally posted by nofiller: ↑

Urgh. A Cap raise.

Unless this is at a substantial premium and/or there is a solid / interesting cornerstone (very unlikley, and explains recent price action) this was a dudd move by management.

KAL just released an announcement that their RC drilling campaign will kick off in early March - with actual timeframes and program specifics. That alone with have given E79 a boost. As would have commencement of drilling at KAL. Even if they wanted to avoid potential dud results from any KAL drilling campaign (because that is always a risk) the next three weeks would have pushed the SP considerably higher.

In a booming gold market, with gold at ATH and multiple micro stock managers really are highlighting their deficiencies. Hoping to be proven wrong here.

KAL - https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=02913863

Expand

Totally disagree with your assessment non-holder! Exactly the right time to raise!

E79 Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

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(20min delay)
Last 2.2¢		Change -0.003(12.0%)		Mkt cap ! $3.960M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.2¢	$8.904K	404.7K

Buyers (Bids)

No.	Vol.	Price($)
2	315490	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	15736	1

View Market Depth

No.	Vol.	Price($)
2	315490	0.022
2	332573	0.021
4	1083974	0.020
2	87000	0.019
6	843421	0.018

Price($)	Vol.	No.
0.024	15736	1
0.025	257038	1
0.026	650000	1
0.028	136281	2
0.030	212674	1

Last trade - 10.30am 24/06/2025 (20 minute delay)

E79 (ASX) Chart

Ann: Trading Halt, page-7

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