Very tempting at these prices but I think the floor has yet to be reached.
I'm thinking somewhere in the 40's by the looks of things.
Would be an excellent entry point for new investors at the ~200M market cap level
I'm starting to think maybe this is market correction and not just due to lack of communication to be honest.
Because so many stocks have been hit hard lately and there has been a correction among many sectors.
Maybe the shorters simply knew this was coming and took advantage of the situation that EGR held up strong for so long and was bound to break, with the help of their bots ofcourse + lack of comms
total short share outstanding, page-338
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Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $45.40M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $33.25K | 320K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 405001 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 70253 | 5 |
View Market Depth
| Last trade - 15.53pm 02/08/2024 (20 minute delay) ? |
| EGR (ASX) Chart |