I agree on most of your saying regarding German listing / German Institutions buying into EGR etc. I was a holder during that period also.
Regarding how HC Commentary affecting the SP - Have you heard of Gamestop? Also if you refer back to Uni's comment he has oversold the information that is more than what the company has announced. Given his purchase price was 2.5 cents I have no doubt there is a strong intention of him to upramp the share price.
Also if you look back most trading days would have sub- $1m volume exchanged on a daily basis but during the times that Feb-March when the SP hits above $1 with 10m+ volume exchanged, it is fair to say that this was driven by retail FOMO purchases.
EGR short term target $2, page-234
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.75M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $5.302K | 42.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 130562 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 58067 | 1 |
View Market Depth
| Last trade - 12.02pm 19/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |