EQR eq resources limited

GoedyYou state the obvious. If a company can't make a profit it...

  1. 2,449 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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(20min delay)
Last
3.5¢
Change
0.001(2.94%)
Mkt cap ! $93.69M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $13.51K 393.6K

Buyers (Bids)

No. Vol. Price($)
2 29706 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 150000 1
View Market Depth
Last trade - 15.17pm 20/06/2025 (20 minute delay) ?
EQR (ASX) Chart
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