ENR encounter resources limited

Once again I am in awe of the way these guys go about funding....

  1. 2,481 Posts.
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    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.
 
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Last
27.0¢
Change
-0.010(3.57%)
Mkt cap ! $134.6M
Open High Low Value Volume
28.5¢ 28.5¢ 26.5¢ $35.25K 129.4K

Buyers (Bids)

No. Vol. Price($)
1 30393 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 2704 5
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Last trade - 13.46pm 29/07/2025 (20 minute delay) ?
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