EMH 7.84% 27.5¢ european metals holdings limited

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  1. 169 Posts.
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    Certainty? Government stake in EMH? IMO it will come. But it can't yet and therein lies the opportunity.

    Please see my post from a couple of days ago. At the risk of boring everyone I have just posted the relevant bits.

    EMH and the Interim Government have now said as much as they can to try to satisfy a nervous market.

    The point is that both parties cannot say any more in the current political arena. Babis is trying to form a Government. Until that happens (or otherwise), there will not be any official announcement from either party

    The Government won't give an update as Babis needs the support of the communists ( even if forming a coalition with the CSSD, which looks likely). And he doesn't want to lose face before the Government is formed.

    EMH won't update on the issue as they don't want to 'rock the boat'. Instead they are carrying on with the DFS behind the scenes.

    Instead we gleen information from various articles and interviews. This is what the market doesn't understand at the moment, but how many clues does it need? At least it is an opportunity to those that do!

    Also regarding your point on large corporates dealing with us, I have been reliably informed that those Offtakers we are in discussions with are only concerned with the legal status of our licenses which remain unaffected.

    They have obviously picked up on the clues and understand the situation more than the market currently does!
 
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Last
27.5¢
Change
0.020(7.84%)
Mkt cap ! $57.04M
Open High Low Value Volume
26.0¢ 28.0¢ 26.0¢ $39.07K 145.3K

Buyers (Bids)

No. Vol. Price($)
2 37000 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 30069 2
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Last trade - 14.06pm 28/06/2024 (20 minute delay) ?
EMH (ASX) Chart
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