Still doesn't answer how they "raised" $6.1 million and the market cap has been continuously supported at totally illogical levels.
I've argued "fundamentals" for years on this forum, yet here we are with the "fundamentals" screaming out saying that S.P. should be 1 cent at best, yet, it's continuously supported at more than SIX TIMES basic fundamentals and has done so for over 8 months!!
It effectively "values" the Pearl project at over $40 million, because CTR's 40% is about the only "asset" that they have left????
I understand scams as well as anyone and have seen many, but, IF that is the case with Pearl, how has it avoided any scrutiny when it has been totally up front for all to see for over 8 months?
I'd go so far as to say that by looking at the exposed market, "the market" agrees with my assessment and I'd hate to be sitting there as a holder at the moment, but, for over 8 months, the S.P. gets continually propped up, from "outside" the exposed market. How long will that continue before it implodes?
Trumpy and others with your view, IMO, that assessment of yours is far too simplistic, otherwise, it condemns our so called regulators as being incompetent idiots.
- Forums
- ASX - By Stock
- ETR
- Ann: Quarterly Activities & Cashflow Report
Ann: Quarterly Activities & Cashflow Report, page-80
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ETR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ETR (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online