ERM 5.77% 5.5¢ emmerson resources limited

Ann: Change in substantial holding, page-3

  1. 1,239 Posts.
    lightbulb Created with Sketch. 229
    This foreign organisation has over 50 million shares.

    Every time the price increases on good news it sells off some shares and puts a stop to it.

    At this rate it could take years to absorb the holding, with little or no gain in the price.

    If possible I believe management should find someone else with a longer term interest to buy them out.
 
watchlist Created with Sketch. Add ERM (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
0.003(5.77%)
Mkt cap ! $29.95M
Open High Low Value Volume
5.2¢ 5.5¢ 5.2¢ $39.86K 741.1K

Buyers (Bids)

No. Vol. Price($)
2 54764 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 71025 2
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
ERM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.