Guido, you can't be serious when you ask why Mr Market doesn't like EMG.
Nothing has been progressed in 12 months, cash has been eroded and here we are with an empty cookie jar and the exact same resources we had in 2009.
Mr Market is spanking EMG because he sees something in his crystal ball, namely "Capital Raising" and based on the current share price we are looking at a massive dilution and a very long road back.
If you want more stock, just ring Nathan and offer to underwrite any attempt to place shares. You will end up with half the company.
captain of this ship:-), page-4
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Last
33.0¢ |
Change
-0.035(9.59%) |
Mkt cap ! $229.2M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.0¢ | 33.0¢ | $1.745M | 4.994M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 506119 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 61899 | 2 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| FEX (ASX) Chart |