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36.5¢ echelon resources limited

Ann: STX: Spud of Booth-1, page-6

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jophda

4,827 Posts.

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31/07/24

20:32

Post #: 75014068
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Originally posted by Sharetrader78: ↑

Yes have OG Energy holding 70% of ECH shares doesn't help ...I really like the direction ECH is going with the move into AUS in recent years and exploration upside

..I don't get the 50.1% holding in CUE ,,ECH should have made the move years ago and paid up to secure the other 49% shares 11-12c !!! (rather than keep on talking like they 100% own the company)..could have done a straight scrip deal .

..that would have also added much needed free-float shares pushing OG energy downwards to a level that would be more attractive for ASX investors IMHO 50.1% would be great

Then ECH like CUE could have rewarded S/H yearly or even Qty with dividends or free shares/options etc If you want the Market and S/Hs to respect and value your company then do the same for the S/Hs and make it an attractive place to invest one's hard-earned capital!!!!

instead of what was a very boring operation that plodded along with very low volumes traded

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I get a laugh every time they write they are a nimble business.
As you say they just plod along .
I will even put up with the CEO's Purple Prose if they do like CUE and at least review the cash each half year and pay a dribble to the Other Owners of this business if their cash position warrants it .

ECH Price at posting: 37.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 36.5¢		Change 0.000(0.00%)		Mkt cap ! $81.74M

Open	High	Low	Value	Volume
37.5¢	37.5¢	36.5¢	$433	1.18K

Buyers (Bids)

No.	Vol.	Price($)
2	73584	36.5¢

Sellers (Offers)

Price($)	Vol.	No.
37.5¢	931	2

View Market Depth

No.	Vol.	Price($)
2	73584	0.365
1	37340	0.360
5	7111	0.350
1	30	0.340
1	50000	0.300

Price($)	Vol.	No.
0.375	931	2
0.390	3000	2
0.400	945	4
0.410	4810	1
0.440	50000	1

Last trade - 15.18pm 13/11/2024 (20 minute delay)

ECH (ASX) Chart