The weakness would be the current share price.
As you say the fundamentals are still there.
I will point out:
On the 28th of September 2023 Investors converted their $6million dollars of convertible notes from 2021 into EQR shares at 6.5c
On the 6th of November 2023 Directors converted $300,000 of 6c options 3months early
On the 18th of October 2023 Cronimet signed on for ~$11million worth of shares at 9c
On the 10th of August 2023 Oaktree signed up for $25million worth of shares at 9c
On the 21st of October 2022 sold a 3% royalty to Regal resources Royalties Fund for $10million
Given that EQ Resources is closer than ever to profitability, although nothing is a given, the above points show there is a lot of money and no doubt smarter minds than mine that are expecting great things from EQR and have put a lot on the line.
GLTA
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Last
4.8¢ |
Change
0.004(7.87%) |
Mkt cap ! $99.10M |
Open | High | Low | Value | Volume |
4.5¢ | 4.8¢ | 4.4¢ | $79.97K | 1.769M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1536 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 92000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 21409 | 0.044 |
1 | 23279 | 0.043 |
4 | 221190 | 0.042 |
2 | 97584 | 0.041 |
1 | 20000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 92000 | 2 |
0.050 | 325000 | 2 |
0.060 | 32088 | 2 |
0.064 | 229500 | 1 |
0.065 | 287904 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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