” the market is never wrong”
that’s such a stupid comment people make about the market, the truth is the market is constantly mispricing company’s in the short term, the market is full of greed and fear it never gets it right at least in the short term.
when those company’s went up 1000% last month putting them at ridiculous market caps that was not the market being right it was pure greed feeding the SP higher, they have since come back down to where they should be in the longer term.
why is a company like DW8 valued at 85 million MC when this is only 25 million yet both could have a global reach and DW8 is only making a fraction of what EM1 will be making.
imo the SP M/C is the same as it was before this 14 million P/A deal so this is yet to be factored into the market cap hence the market is wrong currently and I think longer term the SP will rise to make the value of EM1 correct.
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Last
0.7¢ |
Change
0.001(8.33%) |
Mkt cap ! $7.479M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $335 | 51.46K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 3066957 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1027766 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 3066957 | 0.006 |
4 | 1026833 | 0.005 |
5 | 9800000 | 0.004 |
3 | 2300000 | 0.003 |
1 | 1200000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1027766 | 2 |
0.008 | 3098926 | 8 |
0.009 | 3355072 | 5 |
0.010 | 1718635 | 6 |
0.011 | 1000000 | 1 |
Last trade - 11.06am 06/09/2024 (20 minute delay) ? |
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SP8 (ASX) Chart |