Patience is what's next. The study will take a while to come in. The crops are being planted soon. Off take agreements in place to solidify some cash flow into the future. This announcement is awesome but don't expect things overnight.
To me this sets up ERI as a market leader. Everyone else can leverage off their work in destigmatising the marketplace and potentially their research to a degree - but in the end their name is on it. Trust and accountability. It can be a double edged sword too - you can go under the radar (not that I have concerns about this) if your name isn't on it. You can also bask in the glory too. Just be realistic with what you expect and avoid the mental ups and downs that can be posted on here (learnt that one with my very first investment lol).
So what next?, page-5
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Last
56.5¢ |
Change
0.060(11.9%) |
Mkt cap ! $27.34M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 56.5¢ | 50.5¢ | $8.762K | 15.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 961 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 1389 | 1 |
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| Last trade - 14.14pm 08/10/2024 (20 minute delay) ? |
| RGT (ASX) Chart |