ERM 3.33% 6.2¢ emmerson resources limited

There's been considerable debate on these threads about whether...

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  1. 5,669 Posts.
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    There's been considerable debate on these threads about whether the POG influences the SP of explorers and pre-producers (pre-scale producers) like ERM. I won't kick it off again but I will add that gold is in a bit of a breakout at the moment which will have investors and traders looking for an unloved, undiscovered jnr gold play.

    We do have the tribute agreement in place at the moment which means our only revenue stream is driven by POG so you can't argue with that.

    I suspect there'll be some action at 10c today. Old mate with 1m on the offer might withdraw to a higher price or just disappear for a while. I've got a good mind to clean him up but I'm happy with my current ERM position. Let's see how the day plays out.

    One thing is for sure, sitting 1m in the queue like that is dumb. He/she will not get the best price. May get the fastest exit - but not the best price. I guess it's down to what the motivation is.
 
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Last
6.2¢
Change
0.002(3.33%)
Mkt cap ! $27.23M
Open High Low Value Volume
6.1¢ 6.2¢ 6.1¢ $60.54K 977.0K

Buyers (Bids)

No. Vol. Price($)
1 40000 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 25000 1
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Last trade - 12.57pm 15/11/2024 (20 minute delay) ?
ERM (ASX) Chart
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