Thanks Hubert for your reply. For what it's worth my average buy in price is a little under 4 cents. Both of us are sitting on huge losses at least in percentage terms.
You are right banging on doesn't help any of the long termers. By the same token I do not believe it hurts anybody financially either. Investors who can move the stock price in a sustainable way would not be taking any notice of posts on hotcopper. It's a forum for opinion.
What I struggle with is the fact that management have overseen over the last few years the huge destruction of the stock price and subsequent wealth destruction of the companies shareholders.
It's only my opinion and I truly hope you are right and I'm totally wrong. The fact that management have let the company go so far down unabated in my opinion demonstrates they are not good enough to move heaven and earth to get it back to say 4c to 5c .
Speculative stocks with potentially good projects can fall so easily but it much much harder to bring them back from where they've come.
Stocks can fall on inertia and low volume. Sustainable rises need real volume.
I personally do not believe Doyle's up to the task. The only thing he has demonstrated to me so far is that he knows how to look after number one. I belief the challenge in front of us now needs the influence and power of a Twiggy Forrest not a Neil who ?
Anyway you have got me banging on again so I'll shut up for a while. Don't anybody take too much notice of me venting. It's what I believe at any given time but that can easily change depending on events.
I sincerely wish all the long termers success ! ! Remember nothing I say can hurt your investment. If it could I would be saying nothing !
It's the management who can hurt you or bring you success. Not little old me banging away on an anonymous forum .
Enough banging away from me for a little while.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.312M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $14.53K | 681.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 968848 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 683870 | 0.003 |
19 | 25757561 | 0.002 |
15 | 18215015 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 11012939 | 22 |
0.005 | 5224950 | 6 |
0.006 | 9926666 | 4 |
0.007 | 7845449 | 7 |
0.008 | 3646766 | 2 |
Last trade - 10.35am 07/11/2024 (20 minute delay) ? |
EMP (ASX) Chart |