Fair enough thats one way of looking at it.
I think it's always good to try and think about why the pattern formed, I think it's a case of expectations not meeting what the market was most hopeful for, be it 3-5% straight up hits like WA1, but instead we've identified a large area of mineralised carbonatites with some methodology proven, the prospects today are certainly better than they were a few months ago due to the drilling we've had so far so maybe 50 odd cents was too far too early but it's certainly worth more than the 15c odd it was trading at before the drilling and WA1 news imo and we've got more results coming and different areas being Rc tested along with the fully paid for drilling for copper with tier 1's. I'm not sure if 24 is the bottom on this wave down or not but had a nibble here anyway, i guess if global markets keep falling so will Enr and most other shares without good news.
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Open | High | Low | Value | Volume |
60.5¢ | 63.0¢ | 58.0¢ | $271.6K | 449.6K |
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No. | Vol. | Price($) |
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1 | 13697 | 61.0¢ |
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1 | 13697 | 0.610 |
2 | 9900 | 0.595 |
2 | 89708 | 0.590 |
3 | 76597 | 0.585 |
4 | 129816 | 0.580 |
Price($) | Vol. | No. |
---|---|---|
0.625 | 11000 | 1 |
0.630 | 3000 | 1 |
0.640 | 1562 | 1 |
0.660 | 1999 | 1 |
0.665 | 4500 | 1 |
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