My best guess is the registry is made up of small holdings without a strong T20... previous cap raises at 3.3 and lower with very little shares issued, gave them a reason to sell. With only a 150m shares on issue and approx 70% of the registry composed of mid to short holders simply makes this stock volatile. IMHO the registry must hold its nerve if it wants higher prices.
Some broker support and marketing would be beneficial. It would give some possible stability in the tightening of the registry.
EMP Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
