ETM 4.55% 2.3¢ energy transition minerals ltd

Please explian in laymans terms, page-21

  1. 2,731 Posts.
    lightbulb Created with Sketch. 107
    Dutch, bryanbral, you are both right, just presenting both sides of the same coin.
    I got out at 18.5c having bought at points well North of that. Not saying I'm smarter than average, but perhaps I got in earlier and lost hope earlier.
    I thought it could go to 5c but am surprised to see it in the threes.
    OK, what's wrong? Well, if you also watch the other "big Greenlander", IBG, you see that it is similarly languishing. So it's not GGG per se, although GGG has fallen further, which I put down to a "uranium factor", I.e. Additional risk.
    GGG is now a true "penny dreadful" and for that matter, so is IBG.
    If I still owned, I would try to put capital recovery out of my mind for the next indeterminate period.
    These Greenland explorers are no special case. Greenland's desires and expectations are not a special exception in this time if great economic and financial dislocation and risk. In fact it is all the more vulnerable.
    23.
 
watchlist Created with Sketch. Add ETM (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $32.30M
Open High Low Value Volume
2.3¢ 2.3¢ 2.2¢ $20.09K 883.6K

Buyers (Bids)

No. Vol. Price($)
3 700000 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 137232 2
View Market Depth
Last trade - 15.59pm 30/07/2024 (20 minute delay) ?
ETM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.