ENR 2.22% 46.0¢ encounter resources limited

Ann: Millennium Zinc EIS Diamond Drilling Commences, page-6

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  1. 1,073 Posts.
    lightbulb Created with Sketch. 19
    Hi Lucky

    Yes, I am surprised to see it down here again. I bought a few more last week at $0.19.

    As usual not big volume dragging it down but to be fair there were a couple of 100k plus days.

    I attribute some of the volume to the 1.25m shares @ $0.20 they issued at the end of October to the drilling contractor doing the Millenium drilling which is due to report in Dec.

    I was a little surprised they took that route of paying $250000 in script when they had $3.3m in the bank at the end of Sept. But I guess they know their forward commitments better than I do.

    Also the Fishhook drilling results are due at the end of the month so hopefully good news for Christmas?

    I wonder if Fluffy is still around?
 
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Last
46.0¢
Change
0.010(2.22%)
Mkt cap ! $192.0M
Open High Low Value Volume
43.5¢ 46.0¢ 43.5¢ $72.21K 162.3K

Buyers (Bids)

No. Vol. Price($)
1 10000 44.5¢
 

Sellers (Offers)

Price($) Vol. No.
46.0¢ 5599 1
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Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
ENR (ASX) Chart
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