EMH 7.84% 27.5¢ european metals holdings limited

Interesting to note: the current buy / sell ratios, 16 buy and...

  1. 1,866 Posts.
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    Interesting to note: the current buy / sell ratios, 16 buy and 11 sell. The trade volume has been getting really thin, EMH are almost treading into becoming an illiquid stock. Anyone who has more than 100k of shares can in entirety wipe out the whole buy inventory (all lines) if they wanted to sell their position (and crash the SP ~40% to .390) $60k aud for such drastic control over the SP is really not a lot.

    I fear that if there are no material news between now and the end of financial year EMH's SP will take a massive beating. It is quite predictable as some of the investors will reduce their positions to recoup losses for tax offsets but due to miniscule trade volume will likely run the SP into the ground.
 
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Last
27.5¢
Change
0.020(7.84%)
Mkt cap ! $57.04M
Open High Low Value Volume
26.0¢ 28.0¢ 26.0¢ $39.07K 145.3K

Buyers (Bids)

No. Vol. Price($)
2 37000 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 30069 2
View Market Depth
Last trade - 14.06pm 28/06/2024 (20 minute delay) ?
EMH (ASX) Chart
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