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News: EM1 Emerge Gaming Enters First Phase Agreement With Tecnología De Impacto Multiple S.L., page-18

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Chasingnirvana

2,290 Posts.

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12/09/20

16:21

Post #: 47292437
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Originally posted by jas626: ↑

yeah your not getting my point though, sure In the short term people have been scared off and Em1 could well have stayed over 5c but as time goes by and money starts to come in and people fears settle, then the market will correct itself in time and the SP will return above 5c.

sometimes the market can completely miss a important company making announcement, I remember one recently that got fda approval for a drug but the asx released the news after hours, the company SP stayed flat for a week but they announced something small like a appendix and the market caught on and the SP went up 100%, not saying that is the case here but just a example there are lots of variables to consider, if however after a few weeks and the SP is the same for EM1 then I guess the market considers that the income PA and the current SP are fair but I don’t think that will be the case.

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I think the market is sitting back waiting to see what happens next - hopefully we’ll get more news soon to dim peoples concerns - either more news on this deal or on the next stage of marketing on the MTN arena or even some other deal with another Telco. Anyway GLTAH

EM1 Price at posting: 3.7¢ Sentiment: None Disclosure: Held
2 Upvote

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(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $9.204M

Open	High	Low	Value	Volume
0.7¢	0.8¢	0.7¢	$11.12K	1.494M

Buyers (Bids)

No.	Vol.	Price($)
4	3499240	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	3237302	8

View Market Depth

No.	Vol.	Price($)
5	3749240	0.007
6	5913332	0.006
5	1560000	0.005
4	8300000	0.004
2	1400000	0.003

Price($)	Vol.	No.
0.008	3237302	8
0.009	3812572	10
0.010	1402570	5
0.011	3175500	3
0.012	10607	1

Last trade - 16.10pm 31/07/2024 (20 minute delay)

SP8 (ASX) Chart