ERM have 7.01%, why would they stop there? Where will they stop?
My thoughts are that they will want to keep accumulating, to get to 10% they'll need to buy another 10m shares or so...
The sellers have to dry up at some point, and when they do it wont take long for this share price to continue its surge.
Not seeing the same kind of early day selling pressure that has become typical recently, what will happen when (if) ERM dip back in again this afternoon as they have been doing over the last little while?
By the way, just to add my comment about when I'm out... I'm there till boom or bust!
Go MEL.
only 3,419,045 more shares to blocking stage, page-76
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.237M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 13539897 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3647205 | 6 |
View Market Depth
| Last trade - 16.12pm 29/07/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable