I think someone has been trying to suppress the share price for a while and probably found the bottom at 67.5c, with regards to the capital raising at 64c. Now they've achieved whatever goal they had in mind (probably to sell all their previous shares and replace them with CR shares).
It makes a lot of sense if you're an insto who doesn't want too much exposure.
I'm hoping the downward pressure will finally reduce and we'll see the price rise again. EMC is definitely too cheap at the moment, especially compared to other speculatives with less potential.
IMO.
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6.8¢ |
Change
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Mkt cap ! $73.50M |
Open | High | Low | Value | Volume |
7.8¢ | 7.8¢ | 6.3¢ | $165.9K | 2.428M |
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No. | Vol. | Price($) |
---|---|---|
2 | 25106 | 6.8¢ |
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Price($) | Vol. | No. |
---|---|---|
7.2¢ | 10000 | 1 |
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1 | 10000 | 0.067 |
1 | 74996 | 0.064 |
1 | 56500 | 0.062 |
3 | 100200 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 10000 | 1 |
0.077 | 96000 | 1 |
0.079 | 10000 | 1 |
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