ENV 6.67% 1.6¢ enova mining limited

Sold this week, too many ifs and seeing a few red flags.SP...

  1. 928 Posts.
    lightbulb Created with Sketch. 203
    Sold this week, too many ifs and seeing a few red flags.

    SP deteriorating quite fast. No bullish divergence and never was.

    Apart from the speculation on upcoming results, I wouldn't be surprised if @mho25 is right on the tenement/ buffer drilling locations.
    MEI, also drilled within the buffer and sanctuary so env could easily make the same ''mistake''.

    I've also noticed in the announcements that there's missing information that I see as important and should have been reported.
    When reports lack important info, it's a red flag imo.

    Some red flags I'm seeing:

    Some results should have been reported mid April? (no-one really knows and no update regarding that statement from env)
    No info on Sanctuary buffer in relation to tenements (not important?)
    No precise location of tenements in relation to Caldeira Complex (Surely this is important!)
    Potential CR coming
    In-genuine pumper posts (imo) with no validation to their claims and estimates
    SP manipulation/ market depth

    Just feels too risky so I sold at a loss this week, but glad I did.
    It was a bad buy-in thinking I was buying at a good price, however, I'm sure many fell for the same trap.


    P.S. Sentiment Sell, Not held

    Last edited by watchthisrise: 15/05/24
 
watchlist Created with Sketch. Add ENV (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.001(6.67%)
Mkt cap ! $14.36M
Open High Low Value Volume
1.5¢ 1.6¢ 1.5¢ $14.17K 943.0K

Buyers (Bids)

No. Vol. Price($)
1 1000000 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 1232835 5
View Market Depth
Last trade - 11.44am 17/06/2024 (20 minute delay) ?
Last
1.6¢
  Change
0.001 ( 6.67 %)
Open High Low Volume
1.6¢ 1.6¢ 1.5¢ 1569456
Last updated 12.31pm 17/06/2024 ?
ENV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.