Maybe in the longer term you're right. What concerns me is having our best news released into a market racked with uncertainty and fleeing to gold and German Bunds. Risk appetite has evaporated so this will be a bad environment for small caps for a few months if there's a Brexit. Who will follow the Poms out of the EU?
If the Brits vote to remain, there will be a relief rally which will see capital return to riskier assets and our news will be much better received. Let's hope for the latter. Assuming this has no bearing on us is wishing.
Buying opportunity could be deferred if worst happens.
Brexit fear creates buying opportunity by nervous nellies, page-2
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $56.60K | 471.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 37983 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 10500 | 1 |
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| Last trade - 15.54pm 12/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |