EQR 0.00% 3.6¢ eq resources limited

Founding leader selling shares

  1. 2,051 Posts.
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    DR Leon Pretorius a former CEO here and one of the key players in Mt.Carbine and a huge believer in tungsten has sold shares in the last quarter.Leon Pretorius's holding has drop from 3.86 % in September to 3.30% in the latest quarter. For over 3 years I have been asking why the board is wasting money on this failed Lithium brine project in Chile and being distracted. finally some commonsense from this board the tungsten price is still to low for SEI to make a profit from the low grade tailings program. A lot of investors invested here because of the Lithium Brine in the past. I can see a Cap rising coming on soon .the board should do it before the share price drops to much.This board love to give a huge discount for there cap raising's so expect a share price drop.A lot of investors are sitting in profits here from the 1.8 cent cap raising there might be a rush to sell while decent profits are on the table, the buyers side is looking very thin.CHEERS
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Mkt cap ! $39.96M
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Buyers (Bids)

No. Vol. Price($)
4 391663 3.6¢

Sellers (Offers)

Price($) Vol. No.
3.9¢ 143921 4
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Last trade - 10.02am 25/02/2021 (20 minute delay) ?
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