ENR encounter resources limited

Ann: Strongly Supported Share Placement Raises $2.9m, page-2

  1. 2,478 Posts.
    lightbulb Created with Sketch. 217
    Once again I am in awe of the way these guys go about funding.

    Down to their last million when up stump new investors with $3m at $0.10. Year low was $0.065 in January.

    Dilution is around 20%

    Next Quarter expected spend is $400k. So they have enough to fund another 2 years or so.

    No drama. Done in a blink and with a SPP if you want to participate.They are obviously well connected and well respected to be able to get funding in this market without selling the farm.

    When I look at some of the species I hold, I wish these guys would hold a masterclass in funding. YPB being a case in point for me.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
27.0¢
Change
0.010(3.85%)
Mkt cap ! $134.6M
Open High Low Value Volume
26.5¢ 28.0¢ 26.5¢ $84.79K 312.0K

Buyers (Bids)

No. Vol. Price($)
5 106278 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 98101 2
View Market Depth
Last trade - 15.56pm 23/07/2025 (20 minute delay) ?
ENR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.