EQR eq resources limited

to the suffering shareholders of cnq.ax

  1. 6,752 Posts.
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    The number of posts on the CNQ board indicate the general love and hate we now have for the LISTED company.
    There are almost no posts or interest.

    I first started to buy the old III.AX at 33c and have continued to add.
    I purchased at over 20c I have taken up shares at .15c
    I did not take up the last SPP and few others did. I bought on market at just about 7c
    Now I look at a share price of 5.7c almost as much as Woolworths will give a discount off a litre of fuel.
    Over the years I have attended three AGM's

    So where are we.
    A company valued at $17,000,000.

    Whe have a resource, we have a client, we have a limited cash flow, we have two LOI and an offer of $15,000,000
    We have an engineering firm from Portugal that invested millions.
    We have a strategic resource. A recourse the Chinese are stock pilling.
    We have services and R and D funds coming in

    What we do not have is a board that talks to the market and shareholders.

    Yet the share price is worse than ever.

    Is there a motive here. That is a poorly worded question because there is not but what is going on.

    With so much improving news how can the share price be so low.
    makes u wonder iF SP continued to fall a consortium could take it out cheap. Imagine buying a mine with potentially a billion in tungsten for $17,000,000.
    This is a mine with payback of two years everything is potentially grand.
    As treefeeds has said and I agree, management have never meet their projections.
    Gillard is the same she is going in September maybe we need a board that meets the needs of shareholders. If we have problems at Carbine tell us don't leave us like shags on a rock. Tell us, tell us something.
    We are a growing company if I read the AGM docs and the quarterly reports but who would know there is a gap between the written word and reality.

    There needs to be a shake up at some level because iCNQ is not meeting the expectations of anyone except maybe a consortium that comes along and offers the poor suffering share holder .15c and we take it.
 
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(20min delay)
Last
2.8¢
Change
-0.002(6.67%)
Mkt cap ! $102.5M
Open High Low Value Volume
3.0¢ 3.1¢ 2.8¢ $624.2K 21.57M

Buyers (Bids)

No. Vol. Price($)
5 687300 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 200000 1
View Market Depth
Last trade - 16.11pm 19/09/2025 (20 minute delay) ?
EQR (ASX) Chart
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