I see clear rational and high likelihood for both EMH asset and Zinnwald (London listed) to consolidate.
*Zinnwald (ZNWD) Resource attached/effectively SAME as EMH. On German side of border
*Clear rational to consolidate both resources as ONE (M&A tgt)
ZNWD seeks 100% of its pjct upfrom 50%
*ZNWD trades at 1/6th of resource valuation of EMH currently - which is just unsustainable.
ZNWD is to my eyes a massively value accretive M&A target for EMH. WATCH THE SPACE
Article in German Newspaper, page-38
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.15M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.0¢ | $2.975K | 10.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6300 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 34878 | 1 |
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| Last trade - 13.15pm 12/07/2024 (20 minute delay) ? |
| EMH (ASX) Chart |