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4.55% 9.2¢ fluence corporation limited

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  1. prowiz
    7,708 Posts.
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    07/01/16
    11:38
    Post #: 16746960
    A few little positives I have noticed with EMC lately:

    The SP is holding up incredibly well in quite a fragile macro environment.... its still 10% higher than the capital raising price of 20c, that says a quite a lot about the underlying strength of EMC....

    The other observation I have noticed is that as the SP gets closer to 20c the volume is drying up, which means the conviction by the sellers isnt there.....

    All of these things will give confidence to current investors and potential investors looking to buy into EMC...
    FLC Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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