EME shareprice is largely driven by short term traders on margin and subject to market maker sentiment.
Many buy on credit with pay days due 5/10/25 days, therefore when no news is expected the shares are sold before payday and one gets a drop in the SP. The opposite occurs on news.
Unlike Aus the AIM is driven by the market maker system which many feel is corrupt and open to manipulation.
eme.l, page-4
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Last
$2.89 |
Change
0.010(0.35%) |
Mkt cap ! $916.9M | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.92 | $2.87 | $1.161M | 401.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3911 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 1846 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| DXI (ASX) Chart |