EFE 0.00% 0.5¢ eastern resources limited

Ann: Results of Entitlement Offer, page-69

  1. 637 Posts.
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    2 cents+ tomorrow gang. We have had almost 1/3 the shares on issue turn over in the last 2 days. There's only 35% free float excluding the top 20 who own 65%. There is hardly any free float left as some big buyers have just snapped up everything these last 2 days and especially this last month.

    Tomorrow will be a day to remember. Might not be an 80x share price increase like MDX last week but I'm guessing a humble minimum 2x price increase to 3.2cents+ or ~20m market cap. Such a humble price, I wouldn't be surprised if it smashes past this and more. We saw 14% increase today when the market had its worst day in many months 2% down.

    I'm going to buy on the open with all my available firepower. This is a once in a lifetime chance to make incredible gains.


 
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