EAR 0.75% 33.3¢ echo resources limited

Do you have any thoughts as to how close to the entitlement...

  1. 273 Posts.
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    Do you have any thoughts as to how close to the entitlement issue price the share price will get to when the entitlement shares hit the market on the 24th? I can see the share price dropping back a bit further from here as 0.155 is nearly a 50% return. I'd been keeping my powder dry thinking I'd pick up a few more around entitlement price as I've done with WAF. Not sure I'm going to be that lucky with EAR.
 
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Currently unlisted public company.

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