ENR encounter resources limited

I know the company but $100M is overpriced everyday for what...

  1. 5,690 Posts.
    lightbulb Created with Sketch. 685
    I know the company but $100M is overpriced everyday for what amounts to a bunch of prospects. take care. good luck. even if they make a discovery it could get forward priced
    just take a look at all the CHN nearology plays in 2021-2. these companies raise on the fomo froth and the pros flick the shares out at the top of the market. its been going on since the dawn of public markets. i'm not saying they won't find anything. its just not cheap. MAN is a perfect example of a fomo nearology raise. i don't care if you lose money but i've seen it so many times i've lost count. fyi bought shares in WA1 on Oct 26 when it was valued at $10m less $4m cash. snooze you lose in this caper
 
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(20min delay)
Last
24.5¢
Change
0.015(6.52%)
Mkt cap ! $122.2M
Open High Low Value Volume
23.0¢ 24.5¢ 23.0¢ $138.2K 588.1K

Buyers (Bids)

No. Vol. Price($)
2 3262 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.5¢ 4194 1
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
ENR (ASX) Chart
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