The chart looks like Tony Abbott's approval rating.
CR seems unlikely given they have $2.1 in the bank and forecast spending of $0.45m in Q3.
Price is a reaction to spot copper which is down 22% in 6 months, 15% in 2 months and 12% since 2/1/15. It's really been hit with the ugly stick after weathering pretty well.
It's really not a problem for ENR as they don't sell any but when Dr Copper is sick, no-one wants to be in the room with him.
Very low share price will mean a huge profit for someone when the CU price recovers and as they announce greater prospects.
Hasn't been here since Nov 2008.
The chart looks like Tony Abbott's approval rating. CR seems...
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Last
34.0¢ |
Change
0.005(1.49%) |
Mkt cap ! $192.0M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 33.0¢ | $57.41K | 171.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 65228 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 35383 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ENR (ASX) Chart |
