EAR 0.75% 33.3¢ echo resources limited

Ann: Change in substantial holding, page-17

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  1. 6,851 Posts.
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    Someone sold at a major discount. Appreciate that. People sell for so many reasons, it hard to know why.
    NST bought the last 13m shares at 37c and will eventually make a bid at a higher level, so sellers must have got caught out or needed to sell.
    We are due some more results and this is a big drill program rolling out here with some 9x 500m holes as only part of that program. Dyor.
    Ps
    That 41c valuation is not allowing for a new discovery and ongoing resource upgrades and tons.
    Last edited by copperroad: 27/02/18
 
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