Duel listing + Recent Trading / shorts -Ortex30 Mar 2025 09:04
Morning all invested , 👍
- Especially the old crew that have stuck through the last 5 yr volatile rollercoaster & war situation awaiting potential asset sale tolerating the dungspreading , flip flopping , reincarnating bot flies that loiter on this forum 👎👎
Potential Asset sale / precious metal demand Vs War situation / Nailing a buyer or whiff of
Duel Listing - Ortex
The London-based palladium, platinum, rhodium, iridium and gold miner said it has entered a securities purchase agreement for the placement of 72.0 million new shares to US and UK institutional investors at 4.37 pence per share.
Shares in Eurasia Mining were up 0.8% at 4.79 pence in London on Friday.
The company said the proceeds will be used exclusively to maintain the listing in London and to finance the planned launch of the dual listing on the Astana International Exchange in Kazakhstan.
Eurasia Mining said the dual listing will improve the liquidity and marketability of the company.👍👍
Recent Trading - Ortex
Eurasia Mining has experienced a notable price decline of 22.5% over the past week, despite a year-to-date price increase of 111.36%.
The relative strength index (RSI) stands at 40.5, indicating current market sentiment.
Short interest remains low, with shares on loan as a percentage of free float at 0.1%, and a cost to borrow of 54.03%.
Meanwhile, the ORTEX Stock Score, which evaluates various stock metrics, is at 75 out of 100, reflecting a generally positive composite measure. The market cap for Eurasia Mining is $173.32 million.
Shorts / stock on loan
2.01 million
Still Showing a 1.4 million short opened on 14 th March in one loan - stock price was 7.4 p on that day
( perhaps gambled on ceasefire potential failure in my eyes & maybe connected to recent negativity on these forums , who knows who cares - 👎👎)
However probably nervous with high cost to borrow & Fridays RNS - margin call nipping there greedy sphincter 👍
10 loans at present - 9 previous
Cost to borrow 54 very high
May the EUA phoenix continue to rise from the war situation ashes👍
Only a whiff of a ceasefire or asset sale required & would certainly fuel the north trajectory, 👍
Health before wealth
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