This action is nothing new to anyone that has followed the EMC chart over the past 12 months. Price builds leading into a great announcement followed by a sometimes sharp, low volume sell off (today's market conditions has not helped).
Imo this pattern will continue until we have regional certification in several locations and confirmed orders from the certified regions (China or elsewhere)- All of which should occur in the next 8 months- look out when this happens. RWL JV's will also surprise.
At times like this I think its relevant (for your own sanity) to acknowledge how long it takes to build a company that has the potential to justify a multi-billion dollar market cap.
I work in acquisitions for a multi-national health group that builds and operates medical clinics- It takes us 24 months to open one clinic- and at least a further 12 months to build up 6 Doctors to a reasonable level.
What EMC has accomplished in 16 months is astonishing. Happy to hold (even in May when some run away).
GLTA
EMC Chart, page-1520
-
- There are more pages in this discussion • 864 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FLC (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.9¢ |
Change
-0.001(1.11%) |
Mkt cap ! $96.20M |
Open | High | Low | Value | Volume |
9.0¢ | 9.1¢ | 8.8¢ | $48.25K | 536.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 43365 | 8.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 246874 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 43365 | 0.089 |
1 | 73983 | 0.087 |
1 | 100000 | 0.086 |
3 | 223529 | 0.085 |
2 | 191220 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 246874 | 2 |
0.092 | 22320 | 1 |
0.096 | 8791 | 1 |
0.098 | 47242 | 2 |
0.099 | 10000 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
FLC (ASX) Chart |