An alternate perspective is that entire current market cap of ENR (266 mill @ $0.57) represents merely the gygrations of the WA1 market cap since the start of June (ie, between $15 & 20.40). Many contend that even at $20.40 WA1 is way undervalued. Interesting to consider that a $4.34 rise in WA1 is equivalent to bolting on an entire current ENR with all the bluesky that entails..eg, the bluesky potential of Green as a potential Luni extension. Perce. Crean et al
ENR Price at posting:
57.5¢ Sentiment: Buy Disclosure: Held
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