EMH 5.26% 20.0¢ european metals holdings limited

Thanks Eitsirhc. Is it oversold? or a warning of things to come?...

  1. 2,810 Posts.
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    Thanks Eitsirhc. Is it oversold? or a warning of things to come? Let's be fare dinkum about our prospects. Unfortunately, many countries are sliding towards a popularist nationalism agenda with regards to trade (as well as migrants or anything foreign). In this type of atmosphere, where Dumbell Trumpet can suddenly slap tariffs on imported steel and aluminium, a politician can tear up the rule book and who can stop them? (Trade wars are good and eay to win!) Babis is not a fool. He has effectively removed one obstacle to his nationalism agenda for mining. The next obstacle is EMH itself. So, no matter what sugar coating is used, the odds just got a whole lot worse for us, and that's why the share price has crashed. The average share price of my investment and many others has fallen from 75 cents to 50 cents or possibly 40 cents, and the knife is still falling. We may get out of this predicament, eventually, but the fundamentals are lost when a politician or a political movement takes on a popularist nationalist agenda. I'm hanging onto my shares. I have no spare cash to put into EMH to reduce the average SP. And I'm not good enough to sell and reenter at a lower price. So there you go. As we've been saying for 6 months now, we wait for news.
 
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Last
20.0¢
Change
0.010(5.26%)
Mkt cap ! $41.48M
Open High Low Value Volume
20.0¢ 21.0¢ 20.0¢ $6.959K 33.64K

Buyers (Bids)

No. Vol. Price($)
4 20768 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 3780 1
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Last trade - 13.18pm 30/08/2024 (20 minute delay) ?
EMH (ASX) Chart
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