Ann: Initial Resource Estimate of Manyingee East Project, page-8

Total share issued 209.7 million
Cash almost 20 million
Total share holders approx 704
Three major share holders:-

China uranium development company hold 139.3 million which is 66.45 % of total share issued .
Kangde investment 26.5m shares = 12.66%
Jindalee resources limited 14m shares = 6.69%
So 701 share holders hold 30m =15% approx

I think retailers are not involved more in this company. This is strong fundamental and support from major 3 share holders , where jindalee asx listed company with no debt and have more than 5 million cash.
Looking overall this company , EME is far better than some uranium company which price increased 300% even they have not been granted permit ion .

So I personally believe good future when uranium price turn around. No day traders are involved in this company .
Good luck

DYOR