It is humorous that people were pumping so hard for EMH to maintain its SP momentum but as was duly noted by both @tsibis and I that the rise in the vacuum without any news from EMH team will eventually just retrace to the support level, and it has, EMH is now back to where it was before the recent SP spike.
EMH's BOD desperately needs to show leadership and (re)start coverage of the project progress via PR / News Releases / Project Coverage. Without that the SP will just keep dwindling and meandering, the market currently has only received single guidance - DFS End of Q1/24.
If EMH/Geomet fails to produce that single goal the SP will get seriously punished.
It is humorous that people were pumping so hard for EMH to...
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Last
26.0¢ |
Change
-0.020(7.14%) |
Mkt cap ! $53.93M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 26.0¢ | $7.082K | 26.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10843 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 16055 | 2 |
View Market Depth
| Last trade - 15.28pm 22/07/2024 (20 minute delay) ? |
| EMH (ASX) Chart |