ERM 3.33% 6.2¢ emmerson resources limited

Ann: Large Porphyry Copper and Epithermal Gold at Kadungle NSW, page-26

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 352 Posts.
    lightbulb Created with Sketch. 15
    Amer,, yeah not enough interest/volume yet. ( at only 500k-1m shares/day)

    May have it retesting 10.5 if little new news in the coming weeks.
    But thats ok,, I'll be there, picking up a few more, as I'm sure others will be.

    Lots of exploration opportunities in the coming months means medium term will see better volumes and momentum traders coming out of the woodwork soon.

    ERM has been unrealistically beaten up by major sellers in the past (not due to performance issues)..

    When the real momentum builds ,, I don't think there'll be too many sellers able to stifle it this time..
    (For comparison), the last decent share price momentum (July 2016) saw volumes more like 3m-13m/day.. compared to the current low 500k-1m/day.

    The momentum then saw the SP from less than 8c up to 17 cents in the matter of about 6 weeks, so a break above 12.5 to the same or more on some decent exploration results is not fantasy land.. and no Stark or Chinova on the share register this time ,, just the usual traders.
 
watchlist Created with Sketch. Add ERM (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 12.57pm 15/11/2024 (20 minute delay) ?
ERM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.