Thank you for your points. I totally agree with you about the forthcoming capital raise since they flagged the M&A opportunities in their last presentation. In my opinion,there is no difference that they listed the company in Australia just like Fluence (EMC) listed in Australia. At some stage I held both EMC(FLC) and Phoslock. You can track the catalyst which drives their share price rocket launching. The buzz word is "Chinese market" .The key to the party is finding good business partners or JV partners. Dem had one partner called Virtual Curtain which is based on HongKong. In the envoriometal protection world in china FLC and PHK(PET) could give some lessons to DEM management that how important the proper local partners are.
From the Phoslock's story we can know how valuable it will be for company if you have some local engineering and supporting sta ff locally.that's why I valueWarx-Worx's step stone role to expand Australia business and that 's why I am so unimpressed by their China market Strategy.
just some scribble in my mobile.
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $35.05M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.5¢ | $445 | 3.557K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 155618 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 20631 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24000 | 0.125 |
1 | 25000 | 0.120 |
2 | 105554 | 0.115 |
4 | 155090 | 0.110 |
2 | 128580 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 51657 | 2 |
0.140 | 175000 | 2 |
0.145 | 213631 | 5 |
0.150 | 409903 | 5 |
0.155 | 50000 | 1 |
Last trade - 13.36pm 03/12/2024 (20 minute delay) ? |
DEM (ASX) Chart |