EMS 0.00% 2.3¢ eastern metals limited

whens the news coming, page-17

  1. 1,269 Posts.
    hehehehehehe - i'll look at the report - more imortantly the report is not from an independent party- this mob was involved in a placement, i'll leave the rest to your imagination. BTW their was a report put out a few years ago by a well renowned large bank, they valued ems with an eps of 5-6c(2006-2007), mind you, that was when ems only had 130 million shares outstanding and according to directors they were going to sell hundreds of millions of needles(ROFL) - the problem with these reports is that they rely on management input and ludicous market share/penetration numbers - its essentially pie in the sky stuff to keep shareholders happy, sophisticated investors(plcement)happy, they get a fat fee and the potential of extra work and the delusion continues. The track record of this mob speaks volumes, they are essentially hopeless and the sp backs this up. There are a few rampers here, some have now gone, be very careful of them, they only dump when the share goes up a cent or two and do your self a favour, bring up a 5 year chart and a 1 year chart, the trend is down, don't fight the trend - its your friend.
 
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