Just sitting it out for a bit malmanu. Definitely not going into SDL! SDL's survival is at stake next year.
I can't see much happening by way of finance for EQX while IO is where it is, and IMO the sector is only going to get worse in 2015 as the oversupply of the market becomes even greater. The IO price could get as low as somewhere in the 50's.
Capital preservation for me is all. EQX will survive 2015 no doubt, I just don't see anything on the horizon that's going to stimulate the price. If I can't see any reason the price will go up, no point having the money invested.
The plan is to wait until the sector recovers then get back in. IMO EQX will be one of the first to attract new money when the pendulum does swing, so I'll still be watching everyday. Until then, my money can work elsewhere.
Good luck!
Just sitting it out for a bit malmanu. Definitely not going into...
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.08M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 498509 | 3 |
View Market Depth
| Last trade - 16.12pm 17/06/2025 (20 minute delay) ? |
| EQX (ASX) Chart |
Day chart unavailable