You are forgetting at the time of the article EEG was $6 million now it is over $30 million and the share price has not moved.
it will need to raise more and more funds to survive and it has lots of options exercisable at approximately 3 cents.
a lot of paper to get through. There also does not seem to be a corporate at the moment willing to invest into the acreage.
you have to ask yourself why?
Shake a few out before the Ann Re: Farm in, page-12
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $228.8M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 22.0¢ | $9.529K | 42.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 213601 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 139279 | 7 |
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| Last trade - 14.46pm 03/12/2024 (20 minute delay) ? |
| EEG (ASX) Chart |
