Very good observation Z, seeing the dodgy brokers been holding the price hoping for cheap placement, I have no doubt they are taking advantage of current global weak market to push the price down.
I see 2 scenarios for EPM share price, 1 is dodgy brokers finally got their cheap placement and then start pumping the price upward to fair value where EPM should be as the projects advancing forward. 2 overseas or other big investors come in and buy up and take extra placement from EPM and force dodgy brokers to miss out and might have to short cover and jump on for the near term production ride.
So either ways, as a long term holder I will come out on top unless EPM lost all their massive potentials with REE, quartz, cryolite, uranium and not to forget the high grade manganese discovery in Queensland is now not even a high priority.
EPM Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
