You are forgetting at the time of the article EEG was $6 million now it is over $30 million and the share price has not moved.
it will need to raise more and more funds to survive and it has lots of options exercisable at approximately 3 cents.
a lot of paper to get through. There also does not seem to be a corporate at the moment willing to invest into the acreage.
you have to ask yourself why?
You are forgetting at the time of the article EEG was $6 million...
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Last
26.0¢ |
Change
-0.005(1.89%) |
Mkt cap ! $264.4M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 25.0¢ | $96.84K | 372.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24448 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 41551 | 1 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| EEG (ASX) Chart |