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10/05/24

22:50

Post #: 73772659
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Originally posted by Quirkus: ↑

Fair call. I’m away from my charts so was taking a stab from some ordinary line charts from Ya hoo mobile app. (I’ve been ‘doing the charts’ since the 80’s) It still remains true that the needle can change quite dramatically with small volumes that are currently in play. As such I personally won’t pay a huge attention to them. I would also like to see some general volume pick up. I like the company and their prospects in the medium term. I have for quite a few years. (Not quite as many as JR!). I’ve bought and sold a few times, due to hold ups and technicals.(and made multiples) I’d like to be in medium long term, but have some other interests that are closer to fruition I believe. I also think the general sp and pm malaise over the medium term has had the effect that anyone wishing to exit after holding for that long will slow sp rise at various points. Which ones? Don’t know, as the true resistance/support/trend lines are hardly distinguishable due to volumes. (Typical small spec explorers).

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Closer to fruition , what bull dust . IVR is 5/10 years away from any cash flow. ERM will have cash flow of at least $30m in the next 2/3 years , make more discoveries and could be a Disallowed , where else do you see that !!!!!!! with no downside !!!!!!!! ALL THE MAJOR SHAREHOLDERS IN ERM are long term holders and SUPPORT the management 100% , its a tight register which is a big plus .

ERM Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.5¢		Change 0.003(5.77%)		Mkt cap ! $29.95M

Open	High	Low	Value	Volume
5.5¢	5.5¢	5.5¢	$205	3.724K

Buyers (Bids)

No.	Vol.	Price($)
1	10000	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	16276	1

View Market Depth

No.	Vol.	Price($)
1	10000	0.053
2	29800	0.052
1	50000	0.050
2	79375	0.048
1	21000	0.046

Price($)	Vol.	No.
0.055	16276	1
0.056	22603	1
0.057	149813	1
0.058	250000	1
0.060	58683	2

Last trade - 15.37pm 31/07/2024 (20 minute delay)

ERM (ASX) Chart

GOLDEN FORTY LOCATION, page-22

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GOLDEN FORTY LOCATION, page-22

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