I have ran the 65 day volume requirements roughly for Global X - Uranium ETF where EPM is in the Index Universe.
Statistically funny, so it goes like this.
The Adjustment Day - which is the rebalance (half yearly) is 28th July 2023 (last business day).
The Selection Day - is end day of the Trading Data, is 10 days before the Adjustment so is 17 July 2023.
Monitoring start data - is 17th April 2023.
Thus far the trading volume is only ~10% of the $100,000 USD required (per day)
EPM would need to trade $9.4M+ AUD in trading from now until then.
In order to meet the free float market cap of $50M USD (less insiders, Pope + Board + Cerium), that's a share price of 4.5+ cents.
.... Statistical curiosity, really the only way is the share price to do something stupid beyond comprehension.
This coincides with the Drill Results, and the site visit by the ERMA, and specialist geo's.
The Pope is a mad lad.
- Forums
- ASX - By Stock
- Ann: Drilling & Trenching Samples Delivered to Assay Lab
I have ran the 65 day volume requirements roughly for Global X -...
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EPM (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.75M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $15.04K | 2.245M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 491448 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 400000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 491448 | 0.007 |
9 | 3146063 | 0.006 |
12 | 4641033 | 0.005 |
3 | 1849000 | 0.004 |
3 | 2416666 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 400000 | 1 |
0.009 | 415395 | 2 |
0.010 | 2828552 | 8 |
0.011 | 3468737 | 5 |
0.012 | 652895 | 4 |
Last trade - 13.02pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
0.7¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
0.7¢ | 0.7¢ | 0.7¢ | 553309 | ||
Last updated 13.02pm 17/06/2024 ? |
Featured News
EPM (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online