Gwaihir, I've been reading up on Cambodia as well, and I don't see any substantial shift in political stability since the early days of this project.
Of course, each investor needs to make their own assessment of this situation, but my personal view is that it has more to do with human rights issues than anything else,for example the EU looking over their shoulder concerning this aspect. Political stability you say? Seems to me that their president still has the reins firmly in hand. If it were otherwise, then somehow I think that EMR wouldn't have been successful in acquiring venture capital and forge on. I think we need to give those with the most at stake credit for their judgement.
Also,I think recent price action could have had a lot to do with pre-consolidation positioning.
Let's see how we go with the first post-consolidation trading day.
A.I.
Ann: Execution of US$60M Okvau Development Credit Agreement, page-41
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Last
$3.77 |
Change
0.040(1.07%) |
Mkt cap ! $2.466B | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.81 | $3.65 | $4.539M | 1.206M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12982 | $4.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.40 | 1211 | 1 |
View Market Depth
| Last trade - 15.59pm 08/10/2024 (20 minute delay) ? |
| EMR (ASX) Chart |