EMP 4.00% 2.4¢ emperor energy limited

It is interesting to know that 600k shares can caused a dropped...

  1. cch
    134 Posts.
    It is interesting to know that 600k shares can caused a dropped of 20%.

    Before market opened a seller put 600k for sale at 2.3cts & removed later. Then a buyer appeared to buy 200k shares at 2.5cts, thus bought 92,325 & remainder as buyer. Then appeared the 600k sellers who sold 107,765 at 2.5cts, 200k at 2.4cts, 280k at 2.3 cts, 12,235 at 2cts . Thus, caused a dropped of 20%.

    Luckily, the support quickly brought it up to 2.5cts.

    What has changed? I’m sure farmout & production test still ongoing. Now, additional work also on Cyrano. It is natural for those who don’t believe to sell out, but equally true for those who believe in it to keep on buying at this value.


 
watchlist Created with Sketch. Add EMP (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
-0.001(4.00%)
Mkt cap ! $10.86M
Open High Low Value Volume
2.4¢ 2.4¢ 2.3¢ $14.85K 640.3K

Buyers (Bids)

No. Vol. Price($)
3 802680 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 373373 3
View Market Depth
Last trade - 13.12pm 12/11/2024 (20 minute delay) ?
EMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.