EQR 0.00% 5.3¢ eq resources limited

5 months ago the sp opened at 0.070c, rose to 0.078c and then...

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  1. 158 Posts.
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    5 months ago the sp opened at 0.070c, rose to 0.078c and then plummeted to a close of 0.050c. Despite the tremendous (planned/forecasted/achieved) progress that the current management has delivered the sp is now just 0.054c.

    The relentless (and on-going) down-selling of EQR has created zero value for Shareholders. Tungsten peers have sp values that are multiples of EQR, and yet they are nowhere near production, unable to take advantage of the high tungsten prices and are facing real cost/equipment delivery pressures.

    The future production/sales prospects (both near and longterm) for EQR are exceptional, and yet the sp is continuing to wallow at an abysmal level. There seems to be no let-up in this situation and it absolutely sucks!

    We have some exceptional posters on this forum -any (conspiracy) theories on why this is? Mine is that someone wants to take over the company (as cheaply as possible) and is just waiting for production to progress to a more profitable level. You are very welcome to shoot me down in flames and proffer other thoughts, but there is a very clear (ongoing) gameplan of share-suppression going on (imho).

    Any, all contributions welcome...
 
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Last
5.3¢
Change
0.000(0.00%)
Mkt cap ! $118.5M
Open High Low Value Volume
5.6¢ 5.6¢ 5.3¢ $25.68K 477.4K

Buyers (Bids)

No. Vol. Price($)
7 600000 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 2659 1
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Last trade - 15.30pm 15/10/2024 (20 minute delay) ?
EQR (ASX) Chart
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