E25 12.9% 27.0¢ element 25 limited

50¢ town here we come

  1. 839 Posts.
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    This company owns a valuable resource in a strategic country.
    it is concerning that management cannot extract the value of this resource. It is also concerning that they are relying on consultants who have zero upside or downside in E25.

    I think the best case scenario from this point is an EV company buying this company, replacing the management and investing the hundreds of millions required to create a functional high purity manganese plant.

    I bought in when it was trading in the 40's back in 2020. Like PC I was all in on this stock due to management's accountability and ability to kick goals. I watched my investment go from $38K to $220K. I was confident management was going to take the right steps to slowly transform this into a powerhouse stock that I could hold for decades.

    Week after week I began to notice that something was changing. They were starting to miss deadlines. they weren't communicating with shareholders as much as they used to. they were reusing old material. I watched as my holding dropped from $220K down to $80K. The share price never bothered me because I knew the true value of E25 was much higher.

    This time though, I didn't know the value of E25. The management who kicked goals was a distant memory. Every news drop was just a rehash of the same old PFS that we had all grown accustomed to. It was at this realisation that I knew E25 would not and could not become the company I thought it would be so I sold my shares.

    until all of the management is overhauled and we have a leader who's current life mission is turning E25 into THE manganese company of the world, I cannot own this stock. I hope that it can turnaround for the sake of investors and Australia's presence in the EV industry. As someone here said: there's a great story here but current management aren't the ones to tell it.
 
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Last
27.0¢
Change
-0.040(12.9%)
Mkt cap ! $58.73M
Open High Low Value Volume
28.0¢ 28.5¢ 26.5¢ $205.2K 742.0K

Buyers (Bids)

No. Vol. Price($)
4 80934 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 254233 2
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
27.5¢
  Change
-0.040 ( 8.33 %)
Open High Low Volume
27.5¢ 28.0¢ 26.5¢ 172771
Last updated 15.54pm 21/05/2024 ?
E25 (ASX) Chart
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