It's a tough one to call I agree. Perceived risk is a key driver in this equitation. The 2.6 cents you quote is valid and could be seen as a floor on fair value (if all other assumptions stack up) however with a confirmed clear pathway going forward that should be perceived as a positive to the market and could significantly add interest to this stock. There is still plenty of money floating around fining a home in specs like ESI.Management, Marketing, Stakeholder management will remain key focus areas though....
We will see - unfortunately I have no Chrystal ball.
Ann: Shareholder Update, page-59
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $2.019K | 884.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 26815213 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 8681042 | 13 |
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| Last trade - 14.36pm 21/08/2024 (20 minute delay) ? |
| ECT (ASX) Chart |