Short Term Trading Weekend Lounge 4-6 Aug, page-55

  1. 3,626 Posts.
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    Hi Arthur,

    Certainly more potential V players out there than thought once you dig a little, not necessarily serious players, but players none the less. Was also looking at EME throughout the week too.

    209.7m SOI, $18m MC, circa $19m cash, Top 3 holders hold 86.8%

    Was all looking good until you see the heavy Chinese register (80ish % just from top 2) and how little they have planned going forward and how little they have done previously. Same pictures in reports used for years lol. Short summary, looks like another Chinese wealth storage/transfer business to me - but I've been wrong many times before. Has probably been covered here before anyway - I have a goldfish memory sometimes.

    I'm sure everyone would have worked that out for themselves but just thought I'd point out the obvious for the time poor.
    Last edited by Nodferatu: 06/08/17
 
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