The continued buying has me confused.
The share price is certainly holding up well as previous runs to 12 have seen it sold off. Though this time the down days are not there as buyers are supporting at each level. My only concern is the stock issued in the last CR will be sold out but at what price will we see that.
The new business model management are undertaking is paying rewards. The NCM partnership is a good one. Low risk and funded drilling programmes with out the loss of control.
For this to go significantly higher will only need some decent drill results.
Cheers
News: ENR Encounter Resources Commencement Of First Phase Of Drilling At Hutch's Find Prospect, page-6
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Last
26.0¢ |
Change
-0.015(5.45%) |
Mkt cap ! $129.6M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.8¢ | 26.0¢ | $57.97K | 219.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 34963 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 59867 | 2 |
View Market Depth
| Last trade - 14.41pm 22/07/2025 (20 minute delay) ? |
| ENR (ASX) Chart |