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5.92%

80.5¢ ora banda mining ltd

Ann: ASX Grants Waiver, page-20

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smart choice

174 Posts.

11

10/01/18

22:31

Post #: 30209609
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Originally posted by laverton ↑

My understanding of the meeting is that formalities were followed,there was no mention of the capital raising of $12.5 being done,that may have happenned in the private discussions afterwards.
I have been punting the market for 54 years and on numerous occaisions I have heard of placements "being done",placements "oversubscibed" and to find out a week later it did not happen!
Blackham were proceeding with an issue but it never happenned.A sharebroking analyst has likenned the Blackham situation to the EGS situation,he may be right or wrong on both counts.Both areas have been graveyards for the previous operators and in the absence of a new discovery I suspect both are going to be hard work and potentially new business for the vultures in the receivership/admininstration business generally located on the coastal sand plain with large boats as part of the toy collection!!

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Question every one must ask. Ask existing shareholder and taking into account recent media reports. Would you invest money in this company at 20 cents. If answer yes. Please come forward. You are a champion.
Cheers
MS

EGS Price at posting: 23.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 80.5¢		Change 0.045(5.92%)		Mkt cap ! $1.500B

Open	High	Low	Value	Volume
75.0¢	81.8¢	73.5¢	$8.202M	10.55M

Buyers (Bids)

No.	Vol.	Price($)
1	5613	80.5¢

Sellers (Offers)

Price($)	Vol.	No.
81.5¢	23000	2

View Market Depth

No.	Vol.	Price($)
1	5613	0.805
1	16	0.800
2	70000	0.790
1	12900	0.775
4	19750	0.750

Price($)	Vol.	No.
0.815	15000	1
0.820	105501	4
0.830	2000	1
0.835	36030	1
0.840	9000	1

Last trade - 16.10pm 18/10/2024 (20 minute delay)

OBM (ASX) Chart