I can't judge whether the sellers are stale or fresh.
In fact, I don't understand the trading pattern in EMV at all.
Like SB I expected there would be sufficient confidence in the technology and management of EMV and sufficient enthusiasm for a successful outcome of the pivotal trial to underpin a share price of $6 or $7-I'd be happy with $5..
A lot of people have seen this technology now. In addition to the scientists and those who have followed the development of this technology from a technical perspective, we have now had hundreds of people who have witnessed, directly or indirectly, the performance of the technology through the trial processes to date. And still we have this stuttering, spluttering market.
I did expect that once EMV confirmed it had been accepted to conduct pivotal trials in the US, the stuttering would cease and that we would see a solid floor to a steadily rising share price.
I am grateful for the contribution of the more experienced contributors to this Hot Copper/EMV page. I am not left alone with my own lack of understanding.
Cheers
EMV Price at posting:
$1.95 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)