EMC 2.17% 11.3¢ everest metals corporation ltd

Ann: $2.4m Placement to Fund Revere and Mt Edon Work Programs, page-2

  1. 11,554 Posts.
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    Wow at 8c. 30 million new shares! Watch their new and existing corporate buddies offload all these shares on any good news that arrives in the next few months. Plenty of dumps to come. It will now be much harder to get solid momentum higher. EMC had the opportunity to raise 15-20c recently but it would have been a lot harder for the instos to make good profits from those levels. what a way to dilute existing shareholders and put retail as the last priority! New management haven’t changed at all!
 
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