ETM 0.00% 2.1¢ energy transition minerals ltd

Yavarider,First of all, I am waiting for someone who has more...

  1. 134 Posts.
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    Yavarider,

    First of all, I am waiting for someone who has more knowledge than I do to answer your question properly. After looking at the losses yesterday (especially considering the good news) I figure that the real issues is that the institutional buyers, the hedge funds, the banks, are not yet buying up the GGG shares. The only thing that makes sense to me is that the same day trader types, the ones who sold last Friday, are taking their quick profits again. Another thing, I think there is a discrepancy between the time zones. If a lot of Europeans bought up on the good news, followed by Americans, then the price in the Australian market opens higher as it did yesterday. Apparently, a lot of the short term players said, "Great, thank you very much," and sold. I do believe, as most people on this site are saying, that if one is prepared to stay long you will be handsomely rewarded. However, it is befuddling that the share price reversed after such great news.
 
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Last
2.1¢
Change
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Mkt cap ! $29.58M
Open High Low Value Volume
2.1¢ 2.2¢ 2.0¢ $15.97K 760.5K

Buyers (Bids)

No. Vol. Price($)
1 141837 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 50487 1
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
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