Caveat: I'm a complete noob.
I'm a LT holder of this stock (well 2 year), got in before the big bang, then held and continued to top up on the way down.. down.. down..
Never once expected this price given the find but here we are. At least I have a reasonable average price.
I'm not in for huge coin like many on this forum but this stock represent 20% of my stock portfolio so I keep a close eye on the going on. (I got in because of the growth in EV and hence demand for Ni - figured it had a lot of upside which it did for a good amount of time, oh the regret)
Now that said, I was concerned that assays and other news were being held to artificially keep the SP down for the option strike price. (why ramp it up if you intend to give yourself a bunch right?) so I did a very quick and dirty assessment of the past information flows and dates. Bottom line was "nothing to see here". All looks pretty legit
This is a super fast review, and of course take a look for yourself
For Assays, the average for the last 2 years is about 70 days between announcements (only 3 points - 4 if you included the current open end which I didn't). Importantly the date from the last update was 114 days (we're now 97 days since that one). Interestingly the one before that was 56 days and before that 39 days. So the timing of assays is getting longer. Much longer. But the current "lag" isn't unusual vs. the last one but is vs last year (like 2x longer). Could easily be due to covid impacting analysis work and then backlogs being dealt with. Backlogs can be and are very real, and covid has certainly been an issue.
Bottom line is to me that it doesn't look unusual.
How about general updates and information?
30 data points (I clipped the top / bottom 2 outliers) and the average time is 39 days between announcements. We're 33 days since the last announcement (27 Jan zone update). Again, nothing abnormal or unusual here.
I know everyone's screaming for 'more information' but really the numbers don't look odd when compare to the last 2 years. We all want this to go north fast, but patience looks like the game plan to me.
I think we're all hurting with the SP continually in the red but nothing here looks unusual in given the timing of announcements over the last 2 years. If anything timing isn't frustrating me but rather finding an economical mother lode we all want to be there so we can mine it and actually generate income. Until then I'm going to expect a world of pain so as to avoid disappointment
GL2A
PS. Not rating a buy because they've not yet hit the mother load and in 4 years there's been a lot of pain except for the one moment of joy that myself and others thought would lead to great wealth, not death from a thousand SP cuts.
- Forums
- ASX - By Stock
- ESR
- Timing of announcements & AGM
ESR
estrella resources limited
Add to My Watchlist
9.38%
!
3.5¢

Timing of announcements & AGM
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
3.5¢ |
Change
0.003(9.38%) |
Mkt cap ! $76.93M |
Open | High | Low | Value | Volume |
3.2¢ | 3.5¢ | 3.2¢ | $176.6K | 5.279M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 610000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 0.033 |
1 | 14522 | 0.032 |
1 | 300000 | 0.031 |
4 | 244025 | 0.030 |
1 | 100000 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 610000 | 3 |
0.037 | 536348 | 2 |
0.038 | 500000 | 1 |
0.040 | 183334 | 2 |
0.041 | 2000 | 1 |
Last trade - 16.15pm 19/09/2025 (20 minute delay) ? |
Featured News
ESR (ASX) Chart |