ERM 3.33% 6.2¢ emmerson resources limited

Quirks, I am not trying to shut down the conversation, just...

  1. 885 Posts.
    lightbulb Created with Sketch. 16
    Quirks, I am not trying to shut down the conversation, just offering an opinion you don't want to hear.

    There are analysts all over the country who do the calculations you are asking us rank amateurs to do it's far more information than we have and if the were coming up with this stock being as massively undervalued as you seem to think we would have seen a massive spike in price on today's announcement and the buy sell depth the reverse of what it is.

    Now it could be that the fundamentals are better than these professionals believe (and I think they are by the way) but the professionals don't believe what the management is saying anymore after too many false promises or it could be that they simply are unaware of the stock and its story because management have done such a poor job selling but if you are correct and the fundamentals point to a price North of 20c then may issues with management are well founded.

    By the way if you want a real discussion offer an opinion rather than just ask a question.
 
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.