That depends if this section included these grades in the previous MRE. That are fantastic grades so if this section was modelled as lower grade then yes this will have a positive impact on the MRE. Is it enough to halt the selling, I doubt it.
On that note, I spoke with an associate last night that believes Ausbil is still in the process of liquidating their position in EM2. They dipped below 5% a few months ago which leaves them with ~15M as of July. There’s been a bit of volume through since then so I guess they’re still selling. In a way, it’s reassuring that it’s just one major holder looking to exit for reasons unknown. Perhaps that’s why Tim hasn’t dipped his hand not his pocket yet.
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $21.21M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.4¢ | $1.064K | 19.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 124226 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 71028 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 124226 | 0.053 |
4 | 328999 | 0.052 |
4 | 415000 | 0.051 |
4 | 470000 | 0.050 |
1 | 30000 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 71028 | 2 |
0.055 | 97672 | 2 |
0.056 | 30000 | 1 |
0.059 | 100000 | 1 |
0.060 | 261365 | 4 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
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