I believe there is one determined buyer - but he/she is only buying the heads and thus we see a few games being played there, but EMGO is left for all of us small timers so the buying is not quite so aggressive there.
That is the only reason I see EMGO lagging in price a little.
The (possible) downside here, with news probably 1-2 weeks away if this big buyer gets his fill and stops buying I can see the share price falling back and she might fall back a good 20% or so without that aggressive buyer around.
Of course this might not happen, and we could be looking at $1.30-$1.40 before any news of JORC upgrades and signed JV.
I believe there is one determined buyer - but he/she is only...
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Last
42.0¢ |
Change
-0.015(3.45%) |
Mkt cap ! $288.2M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 41.5¢ | $577.1K | 1.379M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 281168 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 38004 | 5 |
View Market Depth
| Last trade - 10.49am 30/07/2024 (20 minute delay) ? |
| FEX (ASX) Chart |