BS. This has been debunked multiple times. From the March Quarterly: "Encounter held cash of ~$6.0m at 31 March 2024. Subsequent to the end of the March 2024 quarter the Company completed a placement to unrelated parties of ~47.7 million shares at $0.22 per share to raise $10.5 million (before costs)."
ENR Price at posting:
59.0¢ Sentiment: Buy Disclosure: Held
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