No, it's not just me that is saying ESS holding value is zero. If it was up to me, I wish ESS is worth $10B. But I ain't Father Xmas and got no super power.
It is the market that has already done the pricing for us. The combined market cap was supposed to be $770M. Current market cap is $570M. That means $200M paper value is gone for now, ESS worth zero. However things might change in the resource business, but that's what it is for now.
Ann: Quarterly Appendix 5B Cash Flow Report, page-40
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Last
$2.21 |
Change
-0.010(0.45%) |
Mkt cap ! $536.2M | |||
| Open | High | Low | Value | Volume |
| $2.20 | $2.23 | $2.14 | $1.082M | 494.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6501 | $2.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.23 | 3440 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$2.21 |
Change
-0.010 ( 0.97 %) |
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| Open | High | Low | Volume | ||
| $2.20 | $2.23 | $2.14 | 87369 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| DVP (ASX) Chart |