You and @SydneyTrader33 are both right of course.
I think I am just a little frustrated at the current price action.....where on earth are all the buyers?
This changeover to FLC has been a bit of an anticlimax at this stage with the shareprice being at about the same levels as prior to the announcement of the merger.
Considering the pre-merger price factored in only EMC opportunities...I would say the market is fast asleep on this one.
Things could get very intersting when the market wakes up and realises that EMC now also includes the RWL opportunities.
In the scheme of things the performance has still been rather sensational since I was buying EMC at 19 cents. In the meantime it is back to being patient for me.
Chart, page-39
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $129.1M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $58.25K | 485.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76680 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 244320 | 2 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| FLC (ASX) Chart |