ESR estrella resources limited

Hello. ESR has 1,759,371,187 shares on issue. All other...

  1. 7,399 Posts.
    lightbulb Created with Sketch. 715
    Hello. ESR has 1,759,371,187 shares on issue. All other securities are well out of the money. The acquisition of these manganese tenements in Timor on 4 December 2023 has done relatively nothing for the ESR share price. At 70% ownership and 0.5 cent share price, the market cap equates to $12,566,942 (on a 100% ownership basis). Since the market has not responded to this project, I cannot imagine the market cap being worth $15 million. If ESR must raise $2.5M, I guess/speculate this would most likely be done at 0.3 cents. This would make the market cap $10M and the EV $7.5M.

    https://hotcopper.com.au/data/attachments/6352/6352392-9970b2feba3b06047a230b29dc68777e.jpg


    https://hotcopper.com.au/data/attachments/6352/6352381-574e1dfedd223a004c6a784e86562e75.jpg

    https://hotcopper.com.au/data/attachments/6352/6352416-ad4edd5f16d923728e3eaaaa517aa0c4.jpg

    https://hotcopper.com.au/data/attachments/6352/6352413-01d3ae6ee66353714230edde2c9c0718.jpg

    https://hotcopper.com.au/data/attachments/6352/6352330-5f8ef0380fed2e697c06ad9129e32069.jpg
    https://hotcopper.com.au/data/attachments/6352/6352339-e7cee747501e380effee5b601361bd8b.jpg


    https://hotcopper.com.au/data/attachments/6352/6352324-9618c4ec4f3d823be694f159824a684d.jpg
    https://hotcopper.com.au/data/attachments/6352/6352353-acad0efdbbf7b65960cc1bab37619c20.jpg
    Last edited by GKeden: 01/08/24
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.5¢
Change
-0.003(7.89%)
Mkt cap ! $71.96M
Open High Low Value Volume
3.8¢ 3.8¢ 3.5¢ $156.9K 4.342M

Buyers (Bids)

No. Vol. Price($)
3 910012 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 215630 2
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
ESR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.