EMS 0.00% 2.3¢ eastern metals limited

she's building, page-36

  1. 443 Posts.
    lightbulb Created with Sketch. 7
    Everyone is saying they are surprised at the current share price. But do the maths - what is fair value of this company? They've got 350 million shares and bugger all income. And debt. A trial announcement didn't move the price. Nothing much will happen until results released. Pretty sure this stock will go to sleep for the next 3 months. Last move (ie. to 10.5c) was on anticipation of trial announcement. Funny the announcement itself didn't change anything. Everyone had already got their fill I suppose.
 
watchlist Created with Sketch. Add EMS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.