EMH 9.68% 17.0¢ european metals holdings limited

Weekend research - Near term news, page-11

  1. 1,963 Posts.
    lightbulb Created with Sketch. 500
    You don't ask for money whilst you are scraping bottom of the coffers, that leads to disastrous discounts. Corporate financiers can smell blood in the water long before the company is in trouble, so usually the 'earlier the better' approach works better, however, if EMH does release DFS before the end of the year....SP will be driven up and getting much more favourable conditions for the raise.

    Question is...how likely that EMH actually releases the damn DFS before they run out of money by the end of the year? Knowing history...if they forecast that they will be running low on cash by the end of the year, I'd be raising now (chances of DFS arriving on time is next to 0, thry have been promising to release it every quarter since 2018...).
    Last edited by Chuxa: 30/05/24
 
watchlist Created with Sketch. Add EMH (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.015(9.68%)
Mkt cap ! $35.26M
Open High Low Value Volume
16.0¢ 17.0¢ 16.0¢ $4.697K 27.69K

Buyers (Bids)

No. Vol. Price($)
1 15625 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 23715 1
View Market Depth
Last trade - 10.51am 01/11/2024 (20 minute delay) ?
EMH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.