ENR 2.41% 42.5¢ encounter resources limited

100,000 exercisable at 0.65 before 10/09/2028. SOI...

  1. 1,779 Posts.
    lightbulb Created with Sketch. 135
    100,000 exercisable at 0.65 before 10/09/2028. SOI 451,828,054.

    The "gifting" of employees options, was approved at shareholders meeting,
    24/11/2023. 100,000 is a drop in the ocean, compared to SOI.

    So, at 42.5, ENR employees need to lift KPI's by 50%, before options play.

    However, ENR 52 week high is 0.92, then employees get rewards.
    I am often wrong, but, I think big news is coming.

    ENR BOD has been frugal in expenditure, so to release two ANNS today,
    is merely a sign of housecleaning before a big announcement.

    CHN, as a major shareholder, must see an opportunity.

    Obviously, I am holding, bought on back of WA1 Luni results, nearology.

    GLTAH, and employees who get the bonus, CHEERS.


 
watchlist Created with Sketch. Add ENR (ASX) to my watchlist
(20min delay)
Last
42.5¢
Change
0.010(2.41%)
Mkt cap ! $192.0M
Open High Low Value Volume
41.5¢ 43.0¢ 40.0¢ $214.7K 513.1K

Buyers (Bids)

No. Vol. Price($)
2 28319 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 7595 1
View Market Depth
Last trade - 16.10pm 11/09/2024 (20 minute delay) ?
ENR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.