Well first hunch...EMN has even smaller MC than EMH and is down 70% from their 52w peak. Not sure how valuable this merge would be.
If Shannon Robinson is engaged for any M&A-related activities support then most plausible scenario is a buyout process from CEZ or associated Technological Partner that CEZ have mentioned that they are looking for to support operation of the Gigafactory and associated auxiliary facilities.
Also...dd anyone see the B:S ratio? what the hell has happened? I've never seen such abysmal split with EMH 30:64, looks like someone is about or is reducing their position significantly and pre-populated the sell side.
Ann: Company Secretary Appointment/Resignation, page-5
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Last
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $41.48M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.0¢ | $7.321K | 36.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25608 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 8000 | 1 |
View Market Depth
| Last trade - 15.26pm 16/08/2024 (20 minute delay) ? |
| EMH (ASX) Chart |