Ramping no, what happens with EME and stocks like EME is that the hot money moves on. ROL was correct in his assumption that the SP will drop back.
Look at PTR three weeks before Xmas it rose on persistant buying everyone was talking PTR, volume was close to 3m over a number of days. Now it is is a quiet as a church mouse and the SP dropped back. The hot money (mostly margin) moved on to the next one which was MRP during this timescale.
Hot money will return to EME FOR CERTAIN when the announcement (or expected timeframe) of the workover rig arrives at Sugarloaf. By such a time the SP will be nearer the 70p mark IMO. The wise will be buying shortly as time approaches the T25 period gambling on the rig arrival end January.
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