Australia's largest stock trading and investment forum Australia's #1 stock forum

EAR

Click for more information

0.75%

33.3¢ echo resources limited

Hey ST78 - thanks for breaking it down...always appreciated mate.

First 30 Last

Share
Profile

Follow
DonaldFrump

1,587 Posts.

87

02/05/18

09:03

Post #: 32817526
Share

Originally posted by Sharetrader78 ↑

NST will most likely go for a controlling stake (51%) pre EAR going into production IMHO

Very simple they offer EAR S/H on the market a set price if they don't get a minimum 50.1% accepted the offer doesn't go ahead and they stay at 19.19%

Yes NST will be liking the weak SP and because of that can bind their time till more results come about get a better picture of EAR developing assets... they may well have a max price they have in mind say 40c-50c .. so gives them plenty of time...SP drops even better for them

Now if we could only see a major market reaction via brilliant drill results along with spiking Gold AUD then we might just push NST hand to move much sooner before the SP blows past 40c-50c or they could end up as a major investor in EAR......with S/H demand a much higher offer going forward >>

Expand

Hey ST78 - thanks for breaking it down...always appreciated mate.

EAR Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

MLS

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump is President Again: What Does This Mean for Crypto?

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

MLG

Flynn Gold reaches milestone exploration target for Golden Ridge

INA

Imugene kicks off Australian trial for blood cancer treatment

HotCopper Highlights: Your most watched and most discussed stocks this week

There are more pages in this discussion • 2 more messages in this thread...

First 30 Last

Add EAR (ASX) to my watchlist