EKA 0.00% 45.0¢ eureka energy limited

something in the wind?, page-40

  1. 2,634 Posts.
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    Great to see EKA continuing the re-rating. We should be due for some production updates soon. It seems like AUT/EKA are preferring to release multiple production figures at once, going by the last few announcements. Or maybe that is just coincidence.

    A few more of those and my target of 55-60 cents by march seems very reachable. Going by recent action I'd be expecting a higher price actually. Currently 429,000 buying at 40cents, things are looking strong.

    As for the 1.05 million sellers at 44.5, I can't really understand that. There are 42 sellers, so i'm not sure if it's somebody trying to accumulate, but if people are trying to genuinely sell then I would have thought more of the sellers would have put their orders in at 44 cents instead.

    Maybe we'll find out in a couple of weeks with some more production updates under our belt. Add the Quarterly as well which will hopefully be pointing in the direction EKA is heading.
 
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