The earnings fundamentals are still against ERA. They are still not making enough profit to justify a high market capitalisation.
Analysts and brokers can tend to follow the herd/sentiment especially when they have a vested interest.
Once sentiments turns, investors will no longer listen to the stories of how they will be 90 Nuclear reactors build in China and there is the potential for spot prices to hit $200 by year end. Investors want concrete results now and in the very near future.
ERA will probably have a good future ahead but there is also a lot of earnings uncertainty and risk which is why the price is taking a savage beating. I don't believe that this will end anytime soon. There may be support at $15 ??
- Forums
- ASX - By Stock
- bouncing back looks good
The earnings fundamentals are still against ERA. They are still...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ERA (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $132.8M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.5¢ | $11.85K | 1.977M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 5200478 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 120000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 4770478 | 0.005 |
22 | 7364000 | 0.004 |
25 | 17057518 | 0.003 |
21 | 9523521 | 0.002 |
9 | 105201138 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 120000 | 1 |
0.007 | 3001129 | 8 |
0.008 | 3247733 | 6 |
0.009 | 2030000 | 4 |
0.010 | 1091700 | 5 |
Last trade - 15.35pm 13/09/2024 (20 minute delay) ? |
Featured News
ERA (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online