EQR 8.70% 5.0¢ eq resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-32

  1. 2,224 Posts.
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    Goedy

    You state the obvious. If a company can't make a profit it doesn't survive. correct

    However, you referencing the buy/sell screen doesn't have any relevance to the company. There could be no buyers, but it doesn't stop the company operating as this is a secondary market. A gathering point of buyers and sellers.

    You assume the market knows best. So, the overall market was up 4-5% on Thursday from current levels. Not much has changed apart from US data and fears. So was Thursday right or is it now.

    The market is a snap shot in time of moods, rather than facts.

    To illustrate this further, G6M is up today, but Tassie newspapers have a story about the company delaying creditors while they search for more funding. However, they haven't released anything to the ASX.
 
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