EAR 0.75% 33.3¢ echo resources limited

Really interesting at the low end of the market, page-16

  1. 6,851 Posts.
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    This just reminds me of the really dumb markets we walk into at times. 50% discounts are not normal so the market is completely ignorant to certain things.. again. That is the value, that is the buying opportunity for all with the cash. Market starting to look like one of the best M&A markets in some segments since the GFC. Many of the mid tier miners are jumping on to companies like this, OKU, AVB etc. Even NST must be wondering if people haven’t lost their minds. They are under average price by approx $4.5m plus. If they are as smart as some think, they should bid while Mr market is brain dead. Dyor
 
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Currently unlisted public company.

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