If I didn't want the price to drop I would not have put on decent bids. People with microcaps are looking to cash up wherever they can. Most have no idea of the true value of each stock they hold. That seller at 14.5 a few weeks ago showed his hand. I bought a little at 12, then went on the bid at 10. If they need the money at the moment they'll sell at any price, so I've dropped back to 9.5 and then 8.5. Happy to buy (the market cap is now an insane $11 mill) but why pay more than you need to. There appears to be another buyer or two besides me but they also appear to have worked out what's happening. Long term, this is a terrific buying opportunity. Like Buffett says, the best time to buy is when there's blood on the streets.
EMR Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)