E25 2.44% 20.0¢ element 25 limited

I too believe that DNK will go a lot higher than the 84.5c it is...

  1. 457 Posts.
    lightbulb Created with Sketch. 38
    I too believe that DNK will go a lot higher than the 84.5c it is right now . All broker analyst reports rate it well above $1

    In terms of E25....at just $1 with 9.5M shares that is obviously = about $9.5M

    Now that is good money in anyones language...and even if it goes to $1.20 we are talkng about another 2 million dollars.

    Perhaps the most imprtant thing to keep in mind is that E25 have shown a very strong resistance to capital raising which is wjhy there are still only a tiny 83M E25 shares on issue. The float was 70M and they have only done a CP once of 13M shares.

    Therefore, I think all of this talk of a CR coming is incorrect. Sure if a cornerstone investor comes along like a JP Morgan etc they may take a chunk of money, but in my opinion it is more likely that they will sell off a chunk of DNk to raise the capital for the PFS and then maybe some moer for the DFS.

    Lets face i,t they could sell a million DNK shares to fund each of the PFS and DFS and stll have about 7.5M shares left.

    Despite some tough years over moer than a decade, to their credit managagement have held stong and not diluted the company much at all, and i expect that to continue especially whilst we aer in a stronger position than before.
 
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Last
20.0¢
Change
-0.005(2.44%)
Mkt cap ! $43.98M
Open High Low Value Volume
20.5¢ 21.0¢ 20.0¢ $13.12K 64.11K

Buyers (Bids)

No. Vol. Price($)
9 485354 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 13766 2
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Last trade - 15.56pm 12/07/2024 (20 minute delay) ?
E25 (ASX) Chart
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