The market wants the gold news flow to continue IMO. It is not educated right now in relation to the very prospective and viable rubidium. Also, when it is linked with Lithium, it puts a lot of people off! Management should cut the Lithium links. Most of the market is off the lithium hype train, EV sales are plummeting, and the entire sector will be struggling for a long time. There are already replacement technologies coming through.
Either go all out on the rubidium story, spend on marketing and attract attention and interest with the long-term viability. Or stick to gold. But please do not continue mentioning lithium! The share price reacted accordingly!
I do agree, any gold production news relating to the long overdue Gekko plant, or any visuals of nuggets, rock-chips, visible gold etc would make the market go nuts in the current gold environment. Management are doing a great job with their exploration (no complaints here) but if they were clever with their announcements and targeted news flow (in relation to gold and production etc) then the share price would be a lot higher than it is now.
The market wants the gold news flow to continue IMO. It is not...
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $20.53M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $36.62K | 298.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 208382 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 28571 | 1 |
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| Last trade - 14.45pm 20/06/2024 (20 minute delay) ? |
| EMC (ASX) Chart |