Yes it's a little strange.
I could understand if they were doing nothing with the cash but they have a 5 rig 30,000m program underway, in and around a very prolific gold camp.
It's not like they dragged the local drunk prospector out of his shack in the hills to tell them where to drill their holes, did they?
This just looks like someone needs money. Why else would you sell a story like this trading at near zero EV.
Strong story in any market this one. Just need some results to flow. Looking to add on this weakness.
Esh
Ann: Investor Presentation, page-5
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Last
$1.37 |
Change
0.025(1.87%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.37 | $1.31 | $2.349M | 1.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6763 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 1808 | 2 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
