EXR 4.17% 11.5¢ elixir energy limited

elixir - hugely undervalued and now well bid

  1. 3,570 Posts.
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    Thinly traded stock and not really one for a trader. But this stock is enormously undervalued based on a risk assessment of its exploration assets. There is plenty of cash on balance sheet and good institutional support including Fidelity, but mostly from UK instos. I'm expecting announcements around the AGM in two weeks time that will involve further farmouts/ins or asset swaps. I do not have any inside info, I simply expect that all the behind the scenes work on deals etc. will be driven somewhat by that date when it would be good to communicate progress.

    For those with an investment horizon of one year, IMHO you will be handsomely rewarded.

    regards
    DF
 
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Last
11.5¢
Change
-0.005(4.17%)
Mkt cap ! $130.4M
Open High Low Value Volume
12.0¢ 12.0¢ 11.5¢ $68.76K 594.7K

Buyers (Bids)

No. Vol. Price($)
6 455909 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 28486 1
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Last trade - 15.58pm 08/07/2024 (20 minute delay) ?
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