EAR 0.00% 32.5¢ echo resources limited

Independent Valuation Requested, page-6

  1. 1,390 Posts.
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    I agree CUB. If the market thought 33c was undervalued the share price would be north of that. Sad as it is, it seems the market thinks 33c is spot on. I have a house that I think is worth north of a million dollars but I would have trouble finding a buyer who agrees.
    Still I am holding for a white knight who will swoop in at the last moment with a higher offer. Absent of that then I think 33c is cheap but what the market will bear.
 
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