Yup seen enough not for me. It'll stay on my watchlist for interest sake.
I like the commodities they are going after, but there are problems here.
Seeing these small Right Issues where a huge chunk goes to the broker + fees, is not for me, let alone the 2024 renumeration increase.
the loyalty offers raises ~$175K (if fully taken up) and to do so will cost $33k. 33 / 175 = 18%. Yup, a minimum of 18% of shareholder money is thrown in the bin upon receipt.
Dilute what is neccesary, not more not less. Got it wrong 3 months ago and now shareholders will foot another round of expense.
Good luck to all holders
Feb Update, page-11
Add ESR (ASX) to my watchlist
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Last
0.5¢ |
Change
-0.002(25.0%) |
Mkt cap ! $7.917M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $4.362K | 880.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 12578405 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 942000 | 2 |
View Market Depth
| Last trade - 15.47pm 14/06/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
-0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.4¢ | 2680728 | ||
| Last updated 15.47pm 14/06/2024 ? | |||||
| ESR (ASX) Chart |