John Campbell's Oil and Gas publication has been a bit harsh on EMR in its past 2 editions. He suggests that their hydrocarbon shows mean nothing until flowrates have been tested.
That's no doubt true but John doesn't acknowledge
1. the very low market cap. of this company, and
2. the approaching Canning Basin drilling program.
Market enthusiasm for EMR over the past 2 weeks is largely due to these 2 factors and the hydrocarbon shows have been icing on the cake. I wouldn't be surprised if the sellers today have taken fright at John's critical comments.
John Campbell's Oil and Gas publication has been a bit harsh on...
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Last
$4.09 |
Change
0.230(5.96%) |
Mkt cap ! $2.534B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.16 | $4.09 | $2.588M | 626.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2880 | $4.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.09 | 2108 | 5 |
View Market Depth
| Last trade - 10.28am 13/09/2024 (20 minute delay) ? |
| EMR (ASX) Chart |