Hi Traydor,
I don't think the volume here suggests that, and the fortunes of both companies are inextricably linked in the development of Cinovec.
Check out a price comparison chart on Google or Yahoo finance and you'll see they follow broadly the same pattern with a 2:1 price ratio. LIT tracks EMH's rises, and seems to get held back when it starts getting too high.
Some sort of correction either way is probably on the cards, but I think 2016 will be a fantastic year for both!
I like the look of their jv partner in Mexico, (TSX listed) Alix Resources for a long term punt. With a $1m mcap and acreage bordering Sonora it's definitely got some upward potential in the next couple of years...
Hi Traydor, I don't think the volume here suggests that, and the...
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Last
16.0¢ |
Change
0.010(6.67%) |
Mkt cap ! $32.15M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $3.817K | 24.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8985 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 35247 | 2 |
View Market Depth
| Last trade - 14.38pm 27/09/2024 (20 minute delay) ? |
| EMH (ASX) Chart |