EFE 11.1% 0.5¢ eastern resources limited

EFE 2022 General Discussion, page-610

  1. 8,531 Posts.
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    Not sure why the reference to 'being in love with a stock' crops up? Not in 'love' with any stock but perhaps have a different point of view. Valuations vary from person to person as indeed between research houses. Marketscree.. has a bullish mid term outlook and M-star at higher than current levels. Despite all this it's only worth what it is traded at daily - the value by tomorrow may be somewhat different to today. Some were trading at recent 8c levels - if 5c is overvalued, the lucky ones are those who sold out at 8c.

    What is more pertinent is the timeframe one is willing to be subjected to - as company progresses further sp appreciation should follow. Those buying at these levels see value at current levels. No one can fore tell what price some will be prepared to pay nor the price points some will be prepared to sell - a valuation is just a number assigned and is subject to scrutiny.

    Being open minded - but don't really want to sell for a loss unless it's necessary - with recent buy-in, in red currently but looking at a longer timeframe then a week or so. You may be right in terms of current value but others may see it otherwise - both are just opinions.

    Waiting for drill results - might be a while but if results are good to excellent markets will react.
 
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Last
0.5¢
Change
0.001(11.1%)
Mkt cap ! $6.209M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $10 2K

Buyers (Bids)

No. Vol. Price($)
24 21835002 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 5709850 21
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Last trade - 10.02am 12/09/2024 (20 minute delay) ?
EFE (ASX) Chart
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