ENR it will never beat WA1 bc it started at 22c ($8M) in Oct 22 at $12M and its now about $19 (and it's been higher) which is 86 bags. So from 22c at ENR (about the recent low point after the cap raise) it would have to get to $19 (and by the time you add in another, say, 150m shares to get there) thats a market cap of $11B which it will not do in 18 months so I'm sorry it won't be "the next WA1"
The only question that matters now is.....when is the cap raise coming bc with this much "the next wa1" hot money coming in, as sure as the sun comes up in the east, they will be hussling for money
Ann: High-grade Niobium Intercepts at Crean Carbonatite, page-170
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Last
47.5¢ |
Change
-0.020(4.04%) |
Mkt cap ! $214.6M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 45.5¢ | $182.5K | 390.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 799 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 3030 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ENR (ASX) Chart |