EGA 0.00% 28.5¢ egan street resources limited

Compelling Value, page-22

  1. 7,325 Posts.
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    The Patersons report and news probably attracted a few buyers. Not much on offer so even a small increase in demand will lift the SP. nice and measured, I like that.

    Options saw a little action as well, I actually think the options might be holding the SP back as there where quite a few on offer and a cheaper upfront play on exploration sucsess and development de-risking ahead of March 2018 expiry. People paying 5c are break even at 30c by march 2018. It's not a bad punt.
    Last edited by Barolobill: 26/05/17
 
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