ENR 6.32% 44.5¢ encounter resources limited

I don’t hold this stock, but have been encouraged by its...

  1. 1,417 Posts.
    lightbulb Created with Sketch. 131
    I don’t hold this stock, but have been encouraged by its potential for a while now. Also, as a disclosure, I won’t be buying on any heavy falls - I‘ve invested elsewhere, and in a company that had actually found something.

    However, there are NO FUNDAMENTALS that support this price surge. Either there’s been a news leak, or this is one massive pump. I’m assuming the latter.

    Also, the overwhelming majority of nearology plays end up failures, so proximity to WA1 may well be irrelevant.

    GLTAH as you’re very brave holding, but the odds are significantly against success here!
 
watchlist Created with Sketch. Add ENR (ASX) to my watchlist
(20min delay)
Last
44.5¢
Change
-0.030(6.32%)
Mkt cap ! $201.0M
Open High Low Value Volume
47.5¢ 47.5¢ 42.0¢ $207.1K 465.2K

Buyers (Bids)

No. Vol. Price($)
1 9403 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 1079 1
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
ENR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.