'but think it is far more like could double in share price in the short term.' - at this point i throughly agree. EQR, after revealing their plans at the recent presentation, have pretty much sunk the SP for the foreseeable future, though there still should be a bump if they can get to profit in September. BUT their risk is now way higher given the massive increase in debt and the admission that Mt Carbine wont achieve profit for the rest of the year - which was NEVER part of their initial forecasts. Trust in anything management put out with EQR is clearly zero, regardless of the posters on HotCopper, as the market either ignores or falls with whatever BS they pump out.
Given the fall G6M has suffered from its high, i agree if they can overcome their issues, and given their much greater and favorable media coverage - you could see a reasonable short term gain.
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5.6¢ |
Change
-0.001(1.75%) |
Mkt cap ! $125.2M |
Open | High | Low | Value | Volume |
5.7¢ | 5.7¢ | 5.5¢ | $36.47K | 655.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 179370 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 96153 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 179370 | 0.055 |
1 | 69980 | 0.054 |
5 | 508461 | 0.052 |
2 | 110000 | 0.050 |
2 | 220000 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 96153 | 1 |
0.059 | 839694 | 4 |
0.060 | 360000 | 3 |
0.064 | 750000 | 1 |
0.065 | 219000 | 1 |
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