E25 7.32% 22.0¢ element 25 limited

I've jumped on CXZ on the back of some posts made by these two.....

  1. 307 Posts.
    lightbulb Created with Sketch. 141
    I've jumped on CXZ on the back of some posts made by these two.. looks like good analysis and a solid basis for investment, although I don't know much about the industry or company itself outside of some reading done yesterday so went pretty light (like 15% of my investment in E25)

    I also mentioned SRK on here a while back, as I thought it was a similar proposition to E25 in terms of low investment high IRR project with small MC that seemed to be seriously undervalued post PFS (and maybe 3 months ahead in terms of timeframe until production - from memory they're targeting Dec-20) - I mentioned it at ~$0.06 and is now sitting at $0.17 today with a MC much smaller than E25, unfortunately didn't get on it myself.

    If anything I see that as a signs of things to come with E25 set to be re-rated as we get closer to production. IMO we should be sitting at $100m MC right now, the market doesn't see that so we stay undervalued until a re-rate, which only gets more likely as production gets closer and closer.
 
watchlist Created with Sketch. Add E25 (ASX) to my watchlist
(20min delay)
Last
22.0¢
Change
0.015(7.32%)
Mkt cap ! $48.38M
Open High Low Value Volume
22.0¢ 22.0¢ 21.0¢ $44.93K 204.2K

Buyers (Bids)

No. Vol. Price($)
3 9725 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 4636 1
View Market Depth
Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
E25 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.