I believe there is one determined buyer - but he/she is only buying the heads and thus we see a few games being played there, but EMGO is left for all of us small timers so the buying is not quite so aggressive there.
That is the only reason I see EMGO lagging in price a little.
The (possible) downside here, with news probably 1-2 weeks away if this big buyer gets his fill and stops buying I can see the share price falling back and she might fall back a good 20% or so without that aggressive buyer around.
Of course this might not happen, and we could be looking at $1.30-$1.40 before any news of JORC upgrades and signed JV.
latest chart, page-15
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $190.9M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $347.8K | 1.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 240502 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 155900 | 5 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FEX (ASX) Chart |