With todays ann EM1 has advised they have gone from 25K subscribers via Miggster to 50K
Basically this means they have doubled in a week (or so) and are well on the way to the 100K target.
So why on earth would the share price drop over 10%?
We've all heard 'sell the news, buy the rumour' but it seems EM1 is sell the rumour and then sell the news even more!
Holders - what happened?
Disclosure - I personally believe it will hit 5c this week
EM1's income effectively doubled today...
Add SP8 (ASX) to my watchlist
 (20min delay)
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $6.904M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.6¢ | $39.05K | 5.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7999797 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 540000 | 2 |
View Market Depth
| Last trade - 15.58pm 01/05/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
-0.001 ( 14.3 %) |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.6¢ | 1181675 | ||
| Last updated 15.55pm 01/05/2024 ? | |||||
| SP8 (ASX) Chart |