Dear Zuluman,
There's less than 600M shares on issue. Since April the daily volume has gone up about 5 fold which suggests the buyers are getting set for the 'imminent' news regarding Cambodia extensional drilling and WA drilling results.
I'm not sure how many members here trade EMR, but I would guess the shares are tightly held, which means if you want to buy them that you have to pay a premium for them. Over 25M shares traded yesterday and today.
Steaming Ahead!, page-50
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Last
$3.61 |
Change
-0.080(2.17%) |
Mkt cap ! $2.368B | |||
| Open | High | Low | Value | Volume |
| $3.58 | $3.64 | $3.52 | $5.090M | 1.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12584 | $3.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.62 | 1506 | 1 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| EMR (ASX) Chart |