Hi Pavbar,
I'm a technical guy and not a banker so my b*llshit gauge is not refined to financial matter as yourself. I don't disagree with the sentiment you put forward and it was a similar line of thinking that got me to reduce my holdings. But once again this is an opinion based on deductive reasoning vs a factual statement.
With respect to the announcement you referred to, the way I interpreted the announcement was that key terms, which are binding, were agreed. Needless to say this is completely different to binding finance being committed.
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Last
32.0¢ |
Change
0.060(23.1%) |
Mkt cap ! $145.3M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 32.0¢ | 27.5¢ | $252.0K | 870.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4667 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 32120 | 1 |
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| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| EGR (ASX) Chart |