EQR eq resources limited

Dont know how much longer I'll hold this stock. I've been doing...

  1. 515 Posts.
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    Dont know how much longer I'll hold this stock. I've been doing this a long time now and in my experience the market is a predictor of the future. It certainly doesnt get it right all the time but a share price is generally a good reflection of where investors expect a company to be somewhere down the track.
    In this case it couldnt be more open book, working mines, growing capital, competent management - the list goes on. Not to mention at least 2 brokers we know of, suggesting a 12 month SP guide 50% HIGHER than where we sit today. Who wouldnt be happy with that return on their money over 12 months. Even a hedge fund purchasing a share in the company at a 1c premium.
    But the trading is dead and the SP refuses to move AND if there is a hiccup somewhere along the way I will gurantee that the SP will slump immediately on the news and take forever to recover.
    Ill pick my moment but longer term I just cant see it anymore here. Good luck to all those who hang on.
 
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(20min delay)
Last
3.5¢
Change
0.001(2.94%)
Mkt cap ! $93.69M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $13.51K 393.6K

Buyers (Bids)

No. Vol. Price($)
2 29706 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 150000 1
View Market Depth
Last trade - 15.17pm 20/06/2025 (20 minute delay) ?
EQR (ASX) Chart
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